BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Trading Halt, page-16

  1. 230 Posts.
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    quote
    Buddy maintains a reseller agreement with Digicel Group Limited (Digicel) which commenced generating revenues in Q3 FY2018. During this quarter, sales growth accelerated, which is in part due to a reset of relations with a nearly entirely new management and sales team in multiple Digicel markets. We can report that the new team has increased focused on IoT as a must-win market in this region, and Buddy Ohm is a core component of their strategy. Buddy management is enthused at the response we are already seeing from this key reseller and is encouraged by the uptick in sales that has followed.
    Unquote

    based on the above why would either party be cancelling the agreement ??
 
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