You know very well that EFTel had the Australian distribution rights to the PocketSurfer so no-one else could do anything with it. Had it been given the promotion it deserved it could well have opened new markets to EFTel as you yourself point out in your whirlpool post eg sharetrading anywhere
The fear was obviously that the new blood on the board posed a threat (should the PocketSurfer be a market success) to the cozy status quo of the ex Young Liberals Boys Club …. so it had to be sabotaged at all cost.
As usual you can waffle to your hearts content thinking you are the Othello master, but the published FACTS remain unchanged regardless of the depth of BS you try to cover them with …...EFTel HAS NOT managed to increase it’s customer base over the past few years and in fact has only remained steady due to acquisitions ie EFT is in intensive care and is only surviving through blood transfusions. The board and management have clearly been incapable of coming up with any successful initiative to grown the customer base other than buying them from someone else & even then the new customers would appear to not hang around too long ie total account numbers revert back to the pre aquisition number over time.
Why would that be?
How on earth you can think that you can spin this simple, yet ugly truth into a positive is beyond belief.
At least we’ve found one thing we can agree on: “In our case we have been holding our own”, although I’m sure shareholders would prefer you to do so in your own time.
EFT Price at posting:
4.3¢ Sentiment: None Disclosure: Not Held
