LCD Cycle

“I raised a million bucks last year from a VC firm in Birmingham. And They took so long to actually, you know, come to the table with the term sheet that by the time they did, I really didn't need the money anymore. We kind of worked through our cash flow issue…”

“That just means it's a customer that's not just ordering once, right? A customer that's ordering at least twice is over 80%.”

“The reason for our high top line number last year was because there was such an incredible shortage in the market. That the average price of screens went from like, 25 to 65 dollars, and so our top line just went through the roof, whereas the number of actual …”

“We're actually looking to do about six and a half this year.”

“Mostly, yeah, we do, you know, we've got a few hundred SKUs, but I mean, 8070, 80% of what we sell are screens.”

“So, it's been almost four years, and we have, we just eclipsed our millionth part.”

“So we started I took that 30 grand from, you know, the merger sale or whatever. And I literally, like four days later, I wired all of it to China on just a hope and a prayer that I would get some parts back.”

“So our gross margin is about 32 and net is about eight percent. So we did about, 800 grand on 8.8 million.”

“So we did 2.1, and then 2014, that was 2013, 20 14, we did 4.8, and then last year in 2015, we did 8.8.”

“First we opened on January second, so 2013 was a full year. We did 2.1 million that year.”

“There's about 13,000 repair shops, and we supply them parts.”