You are on page 1of 10

 )LQLVKHG

7LWOH 3URGXFW2ZQHU2SHQ

3RLQWV RXWRI

3HUFHQWDJH 

'XUDWLRQ 

'DWHVWDUWHG 0RQWK)HEDP

'DWHILQLVKHG 0RQWK)HESP

)HHGEDFN
&RQJUDWXODWLRQV<RXUVFRUHRQWKH3URGXFW2ZQHU2SHQDVVHVVPHQWGHPRQVWUDWHV\RXNQRZVRPH3URGXFW
2ZQHUEDVLFV

6FUXPRQ
.HQ6FKZDEHU

&RUUHFWO\DQVZHUHG ,QFRUUHFWO\DQVZHUHG 0LVVHGFRUUHFWPXOWLSOHFKRLFHRSWLRQ

4XHVWLRQRI

:KDWWZRWKLQJVEHVWKHOSWKH3URGXFW2ZQHUPDQDJHWKHYDOXHRIDSURGXFW"

&RUUHFWDQVZHU& ' 
<RXFKRVH& ' 
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

 $ 6HWWLQJYDOXHRQLQGLYLGXDO3URGXFW%DFNORJLWHPVXVLQJ9DOXH3RNHU
 % 'HYLVLQJDIRUPXODIRUDQHXWUDOFDOFXODWLRQRIYDOXH
& 7KHRUGHURIWKH3URGXFW%DFNORJ
9DOLGDWLQJDVVXPSWLRQVRIYDOXHWKURXJKIUHTXHQWUHOHDVHV
KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

'

3RLQWVRXWRI

)HHGEDFN
7KH3URGXFW2ZQHUPDQDJHV3URGXFW%DFNORJDJDLQVWWKHDVVXPSWLRQWKDWYDOXHZLOOEHJHQHUDWHG
,QGLFDWLRQVRIYDOXHRQ3URGXFW%DFNORJDUHXVHIXOEXWDUHRQO\DSUHGLFWLRQXQWLOYDOLGDWHGDJDLQVWXVHUV
DQGPDUNHW

4XHVWLRQRI

,WLVPDQGDWRU\IRUWKH3URGXFW2ZQHUWRPRQLWRUDQGVKDUHSURJUHVVRI3URGXFW
%DFNORJWKURXJK

&RUUHFWDQVZHU'
<RXFKRVH'

 $ $3URGXFWRU5HOHDVHEXUQGRZQFKDUW

 % $9DOXHEXUQXSFKDUW

 & $*DQWWFKDUW

' $Q\SURMHFWLYHSUDFWLFHEDVHGRQWUHQGVRIZRUNFRPSOHWHGDQGXSFRPLQJZRUN

 ( $6SULQW5HYLHZDFFHSWDQFHUHSRUW

3RLQWVRXWRI

)HHGEDFN
9DULRXVSURMHFWLYHSUDFWLFHVXSRQWUHQGLQJKDYHEHHQXVHGWRIRUHFDVWSURJUHVVOLNHEXUQGRZQVEXUQ
XSVRUFXPXODWLYHIORZV7KHVHKDYHSURYHQXVHIXOEXWQRQHDUHPDQGDWRU\DQGFDUHVKRXOGEHWDNHQ
EHFDXVHQRQHFDQUHSODFHWKHLPSRUWDQFHRIHPSLULFLVP:KDWZLOOKDSSHQLVXQNQRZQQRPDWWHUZKDW
KDVKDSSHQHG

4XHVWLRQRI

7KHSURFHVVRIUHJXODULQVSHFWLRQDQGDGDSWDWLRQHPSOR\VNQRZOHGJHDEOHDQG
VNLOOHGLQVSHFWRUV:KDWDUHWZRZD\VLQZKLFKWKH3URGXFW2ZQHUWDNHVWKH
OHDGLQWKHLQVSHFWLRQSURFHVV"

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

&RUUHFWDQVZHU$ ' 
<RXFKRVH$ ' 
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

$ $WWKH6SULQW5HYLHZWKH3URGXFW2ZQHUVKDUHVWKHFXUUHQWVWDWHRI3URGXFW%DFNORJ
ZKLFKFRPELQHGZLWKWKHLQVSHFWLRQRIWKH,QFUHPHQWOHDGVWRDQXSGDWHG3URGXFW
%DFNORJ
 % $WWKH'DLO\6FUXPWKH3URGXFW2ZQHULQVSHFWVWKH6SULQWEXUQGRZQIRUSURJUHVV
WRZDUGVDFRPSOHWH,QFUHPHQWDQGUHSODQQLQJWKHWHDP
VZRUN
 & $WWKHHQGRI6SULQW3ODQQLQJWKH3URGXFW2ZQHUYHULILHVWKH6SULQW%DFNORJIRU
FRPSOHWHQHVVLQRUGHUWRDOORZWKH6SULQWWRVWDUW
' 7KH3URGXFW2ZQHULQYLWHVVWDNHKROGHUVWRWKH6SULQW5HYLHZWROHDUQKRZWKHFXUUHQW
VWDWHRIWKHPDUNHWSODFHLQIOXHQFHVZKDWLVWKHPRVWYDOXDEOHWKLQJWRGRQH[W

3RLQWVRXWRI

)HHGEDFN
6FUXPXVHUVPXVWIUHTXHQWO\LQVSHFW6FUXPDUWLIDFWVDQGSURJUHVVWRGHWHFWXQGHVLUDEOHYDULDQFHV7KH
SULPDU\WRROIRUWKH3URGXFW2ZQHUWRXSKROGWUDQVSDUHQF\LVWKH3URGXFW%DFNORJ3URGXFW%DFNORJLVD
OLYLQJDUWLIDFWWKDWLVDFWLYHO\PDLQWDLQHGDQGXSGDWHGWRUHIOHFWUHDOLW\$WWKH6SULQW5HYLHZDWWHQGHHV
FROODERUDWHRQWKHQH[WWKLQJVWKDWFRXOGEHGRQHWRRSWLPL]HYDOXHZKLFKLVSURFHVVHGLQWRDQXSGDWHG
3URGXFW%DFNORJ

4XHVWLRQRI

:KDWDUHWZRW\SLFDODFWLYLWLHVIRUD3URGXFW2ZQHULQD6SULQW"

&RUUHFWDQVZHU& ( 
<RXFKRVH& ( 
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

 $ $WWHQGHYHU\'DLO\6FUXPWRDQVZHUIXQFWLRQDOTXHVWLRQVRQWKHGLVFXVVHG6SULQW
%DFNORJLWHPV
 % 8SGDWHWKHZRUNSODQIRUWKH'HYHORSPHQW7HDPRQDGDLO\EDVLV
& :RUNZLWKWKH'HYHORSPHQW7HDPRQ3URGXFW%DFNORJUHILQHPHQW
 ' &UHDWHILQDQFLDOUHSRUWLQJXSRQWKHVSHQWKRXUVUHSRUWHGE\WKH'HYHORSPHQW7HDP
( &ROODERUDWHZLWKVWDNHKROGHUVXVHUFRPPXQLWLHVDQGSURGXFWPDQDJHUV

3RLQWVRXWRI

)HHGEDFN

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

7KH3URGXFW2ZQHUUHSUHVHQWVWKHVWDNHKROGHUVWRWKH6FUXP7HDP7KLVW\SLFDOO\UHTXLUHVDFWLYH
LQWHUDFWLRQLQRUGHUWREHDEOHWRUHSUHVHQWVWDNHKROGHUVDQGWKHLUQHHGV
3URGXFW%DFNORJUHILQHPHQWLVDQRQJRLQJSURFHVVLQZKLFKWKH3URGXFW2ZQHUDQGWKH'HYHORSPHQW
7HDPFROODERUDWHRQWKHGHWDLOVRI3URGXFW%DFNORJLWHPV

4XHVWLRQRI

:KDWWZRWKLQJVVKRXOGEHGRQHLIWKH3URGXFW2ZQHULVXQDYDLODEOH"

&RUUHFWDQVZHU$ & 
<RXFKRVH$ & 
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

$ :LWKLQWKH6SULQWWKH'HYHORSPHQW7HDPPDNHVWKHEHVWGHFLVLRQVSRVVLEOHWRDVVXUH
SURJUHVVWRZDUGWKH6SULQW*RDOUHDOLJQLQJZLWKWKH3URGXFW2ZQHURQFHKHVKHLV
DYDLODEOHDJDLQ
 % 7KHUHVKRXOGEHD3URGXFW2ZQHUWHDPWRDOORZDGLIIHUHQWSHUVRQIURPWKDWWHDPWR
LQVWDQWO\WDNHRYHUWKHUROHRI3URGXFW2ZQHU
& ,QDSHUPDQHQWVWDWHRIXQDYDLODELOLW\DQHZ3URGXFW2ZQHUQHHGVWREHDSSRLQWHG
'HYHORSPHQWHIIRUWVZLWKRXWD3URGXFW2ZQHUDUHQRWHPSOR\LQJ6FUXP
 ' 'HYHORSPHQWRIIXQFWLRQDOUHTXLUHPHQWVVWRSVXQWLOWKH3URGXFW2ZQHULVDYDLODEOH
DJDLQ

3RLQWVRXWRI

)HHGEDFN
7KH6FUXPIUDPHZRUNFRQVLVWVRI6FUXP7HDPVDQGWKHLUDVVRFLDWHGUROHVHYHQWVDUWLIDFWVDQGUXOHV
(DFKFRPSRQHQWZLWKLQWKHIUDPHZRUNVHUYHVDVSHFLILFSXUSRVHDQGLVHVVHQWLDOWR6FUXP
VVXFFHVVDQG
XVDJH7KH6FUXP7HDPFRQVLVWVRID3URGXFW2ZQHUWKH'HYHORSPHQW7HDPDQGD6FUXP0DVWHU7KH
3URGXFW2ZQHULVUHVSRQVLEOHIRUPD[LPL]LQJWKHYDOXHRIWKHSURGXFWDQGWKHZRUNRIWKH'HYHORSPHQW
7HDP,QWKHDEVHQFHRID3URGXFW2ZQHUWKHODWWHUDFFRXQWDELOLW\LVQRWSHUIRUPHG

4XHVWLRQRI

:KDWWZRSKUDVHVEHVWGHVFULEHWKHUHODWLRQVKLSRIWKH3URGXFW2ZQHUDQGWKH
'HYHORSPHQW7HDP"

&RUUHFWDQVZHU% ' 
<RXFKRVH% ' 
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

 $ 7KH\VKRXOGZRUNDSDUWDVPXFKDVSRVVLEOHLQRUGHUWRNHHSWKHFRQFHUQVRIEXVLQHVV
DQGWHFKQRORJ\VHSDUDWHG
% 7KH\FROODERUDWHRIWHQVRWKH3URGXFW2ZQHUFDQPDNHLQIRUPHGGHFLVLRQVLQEDODQFLQJ
HIIRUWDQGYDOXHRI3URGXFW%DFNORJLWHPV
 & 7KH3URGXFW2ZQHUVKRXOGEHZLWKWKH'HYHORSPHQW7HDPIXOOWLPHWRJURZDGHHS
XQGHUVWDQGLQJRIWKHWHFKQRORJ\EHLQJXVHG
' 7KH\FROODERUDWHRIWHQVRWKH'HYHORSPHQW7HDPEXLOGV,QFUHPHQWVNHHSLQJHQGXVHU
DQGVWDNHKROGHUFRQFHUQVLQPLQG
 ( 7KH\VKRXOGVKDUHQRPRUHWKDQWKH6SULQW3ODQQLQJDQGWKH6SULQW5HYLHZPHHWLQJ

3RLQWVRXWRI

)HHGEDFN
7KH3URGXFWRZQHUFOHDUO\H[SUHVVHV3URGXFW%DFNORJLWHPVHQVXULQJWKH'HYHORSPHQW7HDP
XQGHUVWDQGVLWHPVLQWKH3URGXFW%DFNORJWRWKHOHYHOQHHGHGIRUGHYHORSLQJWKHPDQGFUHDWLQJWKHYDOXH
WKH3URGXFW2ZQHUHQYLVLRQV6FRSHPD\EHUHQHJRWLDWHGLIWKHHIIRUWJURZVPXFKKLJKHUWKDQ
DQWLFLSDWHG

4XHVWLRQRI

$ILUVW6SULQWFDQVWDUWEHIRUHWKH3URGXFW2ZQHUKDVDFRPSOHWHDQGH[KDXVWLYH
3URGXFW%DFNORJLQSODFH

&RUUHFWDQVZHU$
<RXFKRVH$

$ 7UXH

 % )DOVH

3RLQWVRXWRI

)HHGEDFN
$ILUVW6SULQWUHTXLUHVQRPRUHWKDQD3URGXFW2ZQHUDWHDPDQGHQRXJKLGHDVWRSRWHQWLDOO\FRPSOHWHD
IXOO6SULQW

4XHVWLRQRI

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

:KLFKWZRVWDWHPHQWVH[SODLQZK\WKHGHILQLWLRQRI'RQHLVLPSRUWDQWWRWKH
3URGXFW2ZQHU"

&RUUHFWDQVZHU$ & 
<RXFKRVH$ ' 
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

$ ,WDVVXUHVWKH,QFUHPHQWUHYLHZHGDWWKH6SULQWUHYLHZLVXVDEOHVRWKH3URGXFW2ZQHU
PD\FKRRVHWRUHOHDVHLW
 % ,WKHOSVWKH3URGXFW2ZQHUWUDFNWKHRSHQZRUNGXULQJD6SULQW
& ,WFUHDWHVWUDQVSDUHQF\UHJDUGLQJSURJUHVVZLWKLQWKH6FUXP7HDP
' ,WLGHQWLILHVXQGRQHZRUNWKDWFDQEHDGGUHVVHGLQDVHSDUDWH6SULQW

<RXGLGQRWVHOHFWDOODYDLODEOHFRUUHFWRSWLRQV

3RLQWVRXWRI

)HHGEDFN
$OO6FUXP7HDPPHPEHUVPXVWKDYHDVKDUHGXQGHUVWDQGLQJRIZKDWLWPHDQVIRUZRUNWREHFRPSOHWH
WRHQVXUHWUDQVSDUHQF\7KLVLVWKHGHILQLWLRQRI'RQHIRUWKH6FUXP7HDPDQGLVXVHGWRDVVHVVZKHQ
ZRUNLVFRPSOHWHRQWKHSURGXFW,QFUHPHQW7KH,QFUHPHQWUHYLHZHGDWWKH6SULQW5HYLHZPXVWEH
XVHDEOHVRD3URGXFW2ZQHUPD\FKRRVHWRLPPHGLDWHO\UHOHDVHLW

4XHVWLRQRI

:KLFKGHVFULSWLRQEHVWILWVWKHUROHRIWKH3URGXFW2ZQHU"

&RUUHFWDQVZHU%
<RXFKRVH%
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

 $ 3URMHFW0DQDJHU

% 9DOXH0D[LPL]HU

 & 5HTXLUHPHQWV&ROOHFWRU

 ' 6FRSH3URWHFWRU

 ( &KLHI$QDO\VW

3RLQWVRXWRI

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

)HHGEDFN
7KH3URGXFW2ZQHULVUHVSRQVLEOHIRUPD[LPL]LQJWKHYDOXHRIWKHSURGXFW+RZWKLVLVGRQHZLOOYDU\
ZLGHO\

4XHVWLRQRI

:KRFUHDWHVWKHGHILQLWLRQRI'RQH"

&RUUHFWDQVZHU$
<RXFKRVH$
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

$ 7KHGHYHORSPHQWRUJDQL]DWLRQ RU'HYHORSPHQW7HDPLIQRQHLVDYDLODEOHIURPWKH
GHYHORSPHQWRUJDQL]DWLRQ

 % 7KH6FUXP7HDPLQDFROODERUDWLYHHIIRUWZKHUHWKHUHVXOWLVWKHFRPPRQGHQRPLQDWRU
RIDOOPHPEHUV
GHILQLWLRQV

 & 7KH3URGXFW2ZQHUDVKHVKHLVUHVSRQVLEOHIRUWKHSURGXFW
VVXFFHVV

 ' 7KH6FUXP0DVWHUDVKHVKHLVUHVSRQVLEOHIRUWKH'HYHORSPHQW7HDP
VSURGXFWLYLW\

3RLQWVRXWRI

)HHGEDFN
,IWKHGHILQLWLRQRIGRQHLVSDUWRIWKHFRQYHQWLRQVVWDQGDUGVRUJXLGHOLQHVRIWKHGHYHORSPHQW
RUJDQL]DWLRQDOO6FUXP7HDPVPXVWIROORZLWDVDPLQLPXP7KH'HYHORSPHQW7HDPRIWKH6FUXP
7HDPFDQFRPSOHPHQWLWZLWKHOHPHQWVVSHFLILFIRUWKHSURGXFWRUFRQWH[W
,IGRQHIRUDQLQFUHPHQWLVQRWDFRQYHQWLRQRIWKHGHYHORSPHQWRUJDQL]DWLRQWKH'HYHORSPHQW7HDPRI
WKH6FUXP7HDPPXVWGHILQHDGHILQLWLRQRIGRQHDSSURSULDWHIRUWKHSURGXFW

4XHVWLRQRI

:KDWLVD3URGXFW%DFNORJ"

&RUUHFWDQVZHU$
<RXFKRVH%
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

$ ,WLVDOLYLQJDUWLIDFWRISURGXFWUHTXLUHPHQWVWKDWH[LVWVDQGHYROYHVDVORQJDVDSURGXFW
H[LVWV

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

% ,WLVDIRUPDOO\DSSURYHGOLVWRIUHTXLUHPHQWVWREHLPSOHPHQWHGRYHUDVHWSHULRG

 & ,WLVDGHWDLOHGOLVWRIIXQFWLRQDOLW\IURPZKLFKWKH'HYHORSPHQW7HDPGUDZVLWHPVWREH
FRPSOHPHQWHGE\DVHSDUDWH7HFKQRORJ\%DFNORJPDQDJHGE\WKH'HYHORSPHQW7HDP

 ' ,WLVDOLVWRIUHIHUHQFHVWR8VH&DVHGRFXPHQWVWKDWDUHVWRUHGLQDFHQWUDOUHSRVLWRU\
7KHUHIHUHQFHVVKRXOGEHYLHZDEOHDQGFOLFNDEOHE\DQ\ERG\WRHQKDQFHWUDQVSDUHQF\

3RLQWVRXWRI

)HHGEDFN
7KH3URGXFW%DFNORJLVDQRUGHUHGOLVWRIHYHU\WKLQJWKDWPLJKWEHQHHGHGLQWKHSURGXFWDQGLVWKHVLQJOH
VRXUFHRIUHTXLUHPHQWVIRUDQ\FKDQJHVWREHPDGHWRWKHSURGXFW7KH3URGXFW%DFNORJHYROYHVDVWKH
SURGXFWDQGWKHHQYLURQPHQWLQZKLFKLWZLOOEHXVHGHYROYHV+LJKHURUGHUHG3URGXFW%DFNORJLWHPVDUH
XVXDOO\FOHDUHUDQGPRUHGHWDLOHGWKDQORZHURUGHUHGRQHV$VORQJDVDSURGXFWH[LVWVLWV3URGXFW
%DFNORJDOVRH[LVWV

4XHVWLRQRI

:KDWYDULDEOHVVKRXOGD3URGXFW2ZQHUFRQVLGHUZKHQRUGHULQJWKH3URGXFW
%DFNORJ"

&RUUHFWDQVZHU(
<RXFKRVH(
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

 $ (IIRUWILUVWWKHQYDOXH

 % 'HYHORSPHQWFRKHVLRQDVLQGLFDWHGE\WKH'HYHORSPHQW7HDP

 & /RZHVWGHYHORSPHQWFRVWLQRUGHUWRPD[LPL]H52,

 ' 7KHDYDLODELOLW\RIUHVRXUFHVDQGVNLOOVIRULPSOHPHQWDWLRQ

( :KDWHYHULVPRVWDSSURSULDWHIRUWKH3URGXFW2ZQHUWRDFKLHYHWKHSURGXFW
VJRDOVDQG
WRRSWLPL]HWKHYDOXHUHFHLYHG

3RLQWVRXWRI

)HHGEDFN
7KH3URGXFW2ZQHULVUHVSRQVLEOHIRURUGHULQJWKHLWHPVLQWKH3URGXFW%DFNORJWREHVWDFKLHYHJRDOVDQG
PLVVLRQVWKHUHE\RSWLPL]LQJWKHYDOXHRIWKHZRUNWKH'HYHORSPHQW7HDPSHUIRUPV+RZWKLVLVGRQH
DQGZKDWYDOXHPHDQVPD\YDU\ZLGHO\DFURVVRUJDQL]DWLRQV

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

4XHVWLRQRI

/HDUQLQJWXUQVLQWR
YDOLGDWHGOHDUQLQJ
ZKHQDVVXPSWLRQVDQGJRDOVFDQEH
DVVHVVHGWKURXJKUHVXOWV:KDWLVDNH\ZD\IRUD3URGXFW2ZQHUWRDSSO\
YDOLGDWHGOHDUQLQJ"

&RUUHFWDQVZHU$
<RXFKRVH$
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

$ 5HOHDVHDQ,QFUHPHQWWRWKHPDUNHWWROHDUQDERXWWKHEXVLQHVVDVVXPSWLRQVEXLOWLQWR
WKHSURGXFW

 % $FFHSWDQ,QFUHPHQWDWWKH6SULQWUHYLHZWROHDUQDERXWWKHIRUHFDVWRIIXQFWLRQDOLW\WKDW
ZDVGHYHORSHG

 & 6HWWKH6SULQW*RDOEHIRUHVHOHFWLQJ3URGXFW%DFNORJLWHPVDW6SULQW3ODQQLQJWROHDUQ
DERXWD'HYHORSPHQW7HDP
VSURGXFWLYLW\

3RLQWVRXWRI

)HHGEDFN
7KH3URGXFW2ZQHUPDQDJHV3URGXFW%DFNORJDJDLQVWWKHDVVXPSWLRQWKDWYDOXHZLOOEHJHQHUDWHG7KLV
DVVXPSWLRQUHPDLQVLQYDOLGDWHGZKHQQRWFKHFNHGDJDLQVWXVHUVDQGPDUNHW

4XHVWLRQRI

7KHYDOXHGHOLYHUHGE\DSURGXFWFDQRQO\EHGHWHUPLQHGE\UHYHQXH

&RUUHFWDQVZHU%
<RXFKRVH%

 $ 7UXH

% )DOVH

3RLQWVRXWRI

)HHGEDFN
9DOXHLVOLNHO\WRYDU\DFURVVSURGXFWVDQGRUJDQL]DWLRQV

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 
 )LQLVKHG

4XHVWLRQRI

+RZFDQD3URGXFW2ZQHUXVHWLPHER[HG6SULQWVWRREWDLQIHHGEDFNIURP
XVHUVDQGWKHPDUNHW"

&RUUHFWDQVZHU%
<RXFKRVH%
1RWH7KLVTXHVWLRQGLVSOD\HGDQVZHURSWLRQVLQUDQGRPRUGHUZKHQWDNLQJWKLV7HVW

 $ 7KURXJKWKHDVVXUDQFHWKDWD'HYHORSPHQW7HDPILQLVKHVDOOZRUNRQWKH6SULQW
%DFNORJ

% 7KURXJKIUHTXHQWGHOLYHU\RI,QFUHPHQWVRIWKHSURGXFWLQWRWKHPDUNHW

 & %\PDNLQJVXUHD6SULQWGRHVQRWVWRSXQWLODOOWHVWLQJLVGRQHDQGWKHZRUNLVYHULILHGE\
WKH3URGXFW2ZQHU

 ' $WWKHHQGRIHDFK6SULQWDGHWDLOHGUHSRUWZLWKDOOWHVWFDVHVDQGWHVWUHVXOWVLV
DYDLODEOH

 ( $EXVLQHVVDQDO\VWUHSUHVHQWVWKH3URGXFW2ZQHUWRPDNHGHFLVLRQVRQKLVEHKDOIGXULQJ
WKH6SULQW7KLVZD\WKH3URGXFW2ZQHUFDQDFFHSWWKHZRUNDWWKH6SULQW5HYLHZ
ZLWKRXWIXUWKHULQYROYHPHQW

3RLQWVRXWRI

)HHGEDFN
7KH3URGXFW2ZQHUPDQDJHV3URGXFW%DFNORJDJDLQVWWKHDVVXPSWLRQWKDWYDOXHZLOOEHJHQHUDWHG7KLV
DVVXPSWLRQUHPDLQVLQYDOLGDWHGZKHQQRWFKHFNHGDJDLQVWXVHUVDQGPDUNHW:KHQD6SULQW
VKRUL]RQLV
WRRORQJ\RXLQFUHDVHWKHULVNWKDWZKDWLVEHLQJGHYHORSHGPD\QRORQJHUEHGHVLUHG6SULQWVOLPLWULVNWR
RQHFDOHQGDUPRQWKRUOHVVRIZRUN

KWWSVZZZFODVVPDUNHUFRPRQOLQHWHVWUHVXOWV 

You might also like