r3new - handhelds

[Ross Larson]

Hello everyone!

Here's a note from Brian at r3new:

"We haven’t chatted lately but I wanted to give you an update to pass along.  We experienced some massive growth over the past month and moved our operations to a much larger warehouse in Neenah … we are in the process of getting our store all set back up again. 

 

Additionally, I am looking to get my investment in the PDA’s back out of them for cash flow purposes and wanted to touch base with you/the group before I do anything with them.  If the group is interested I would be happy to share with you the scrap value of all of them in case the group sees a value to these and wants to grab them all as I’d much rather they go towards something useful than burn up resources being recycled and refined.  I guess in a worst case scenario they could always then be scrapped out down the road through my many downstream resources if they don’t end up panning out…just a thought!"

Any thoughts, DHMN people?

Ross

[Ross Larson]

Here are more specifics about the costs, if we're looking to buy the handhelds:

Anyways, the scrap value of all of them would come out to approximately $3,000 give or take based on the amount we have left.  We have about 2,600 PDA’s and 235 charging racks for these along with about 10 USB cradles, antennas, computers, cabling and other accessories.  I would throw all the accessories in just to see this system put to good use as the PDA’s would otherwise be ground up and recycled!

 

Let me know either way as I need to get some of our inventory moved that is tying up our cash to grow!!!

So, is this something that we're looking to do?  It's deeper than my pockets go, but I wanted the group to at least have the ability to give feedback before I gave our decision.

Ross