My dear, have you ever worked for a startup company? No management has magic wand to generate revenue on their own within one year of their operation. I can quote many examples of ASX listed companies riding on positive sentiment only despite a no. of CRs all the way, despite no revenue. I know if I name some then there will be counter argument so will leave this here as I am pretty sure you know what kind of stocks I am talking about.
I have worked for a couple of overseas startup "branches" of very well established multinationals and can tell you it's very hard to generate revenue in the beginning. It takes money to earn money. So if market penetration is talking time, what options management has? fold the operation since some impatient holders are dreaming for immediate millions of dollars of revenue? It's common sense stuff and should not need to be mentioned only.
All investors may have their frustration, resentment on management's actions but I have not seen such a rampant display of these on a public forum like this. It's like shooting himself if one is still a holder. Either we should be patient or should raise concerns directly to the board for explanation. All IMHO only
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