New Target - $4, page-344

Yep, that was also one of the main reasons used by an ex-holder (yourdaddy) to start down-ramping after he exited with the SP around $1.30-1.40, on the basis that the company was dishonest and deceitful (I think he alluded to the company being fraudulent) whilst concluding that the business therefore had insufficient customers to be relevant and viable. We're almost at treble the SP now, so I wonder what he is thinking now.