Quarterly Investors Report
Q3 2020
+2 new employees to the development team
Initial approval for 1M* QAR Fund from QSTP
*Money will be received by february 2021
Quarterly Burn Rate
Remaining Balance
Revenue
$24,012
$18,464
$40,000
Game Developer
Bahaa is an enthusiastic game developer, he is helping us create games and is extremely excited by Bonocle’s mission to improve accessibility for the less abled communities
Industrial Designer
Giorgio is an experienced industrial designer who has worked with startups and companies in Europe and took their products from prototypes to manufacturing. He will be helping us make updates to the Bonocle enclosure and creating the final design to be molded
We are working on launching our pre-order campaign through our website. This will allow us to finally start focusing on marketing Bonocle as a fully functional product and start getting paid traction ASAP.
With our newly hired industrial designer, we will start finalizing the final enclosure design and electronics design
Great strides happening in the software development, we are looking to continue to grow our team to ramp up our app production. We have many ideas and projects and just need to grow the team to work on it.
Our team has been studying manufacturing options and learning about the requirements and challenges to ensure a smooth experience. Already expecting quotations from multiple manufacturers.
We are still following up with Ooredoo regarding the implementation of the project. We are facing some resistance from the technical development team as they are avoiding additional work. We are trying with them one last time before escalating it to their management
We are looking into working on a project with the SC team. The goal of the project will be mainly PR and marketing related. We are still brainstorming ideas and pitching project ideas to the management team prior to submitting a fully detailed proposal.
We are as close as ever to launch. Bonocle is nearing completion and it’s all thanks to your support. It is what drives us to continue to work and push ourselves regardless of what is needed and we won’t stop.
Please get in touch if you have any ideas, concerns or just for a quick chat