BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Best Buy US Expansion for LIFX, page-96

  1. 2,812 Posts.
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    @crazydave1942, why not wait for the quarterly in 7 trading days time for the facts, instead of spreading propaganda. None of what you have said is a fact. DM told us OHM business will be b/e by end of the year. Say all you want then if it is not achieved!!

    Increase sales and cost cutting can achieve break even. With Ohm built and a prior burn of $1.1m a month ( i would suggest a great majority is staff salaries), that can be cut quite dramatically without disrupting the resellers and progress with whales. As with any start-up the initial setting up costs are extreme.

    As for lifx, lets give it a few quarters before you make judgement. Give the two coy a chance to synergize and create material revenues and profits.

 
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