Guy Mancuso
Administrator, Instructor
Hassy is getting about 47 percent revenue from the Pacific Rim countries and the product is mostly those glorified Sonys. It's pretty simple there is a major market and Leica and Hassy are tapping it. Its a market that Phase could most likely do better at so bringing in a investor to build product for that market may very well be the agenda. I don't look at this at all as doom and gloom as some but a opportunity for Phase to build growth in other markets. Leica has a product line that is pretty diverse and Hassy with these Sony clones adds a product that don't cost upwards of 40k. Speculating here but maybe Phase will get involved with a purchase of a smaller valued product line to support expanding that market. Like others have said lets look at this a year from now. But I look at this as a building project whatever that maybe. Be it they milk it to death in 5 years who knows.
Today Phase has three product lines under there roof Phase, Leaf and Mamiya but none of them break the under 15k mark. So it's very possible another joint venture with a product under 10k could serve that market. Who knows but the possibilities are there.
Today Phase has three product lines under there roof Phase, Leaf and Mamiya but none of them break the under 15k mark. So it's very possible another joint venture with a product under 10k could serve that market. Who knows but the possibilities are there.