Ann: Acquisition of LIFX and Share Placement, page-152

I think they want a footprint in everything IOT, therefore getting revenue from all angles. It makes sense to not be the master of one product but be the general of all.

I do see the strategy of DM and BUD and it's to be a big player in the space like top 5 in IOT. I have no doubt that's the strategy.

Now everyone thinks I have a problem with the strategy I don't. Financially I do have a problem with BUD with massive overheads and taking on tons of debt. If DM just grew the business slowly without massive overheads and projections I wouldn't be so vocal. 

The overall strategy I don't have a problem with, all IMO.