SBN 0.00% 0.0¢ sun biomedical limited

somebody is interested, page-16

  1. 13,448 Posts.
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    Good post Aj.

    We need to wait to see what they come up with mid-April.

    I still very much believe in the technology and its potential in the marketplace. The markets are still there despite the world-wide recession and financial tightness.

    What I no longer believe in - as would be obvious by now - is the ability of the current management and board to deliver anything. They are quite simply talentless - as has been proven over and over again over the past 18 months.

    They are bunglers and stumblers, always behind the pace and seemingly ignorant of so much going on with their competitors, partners and the industry generally.

    And yes BB, JK is a joke. And the board is also a joke for not recognising it. You realised it long before me.

    I'm still smarting at O8. JK was over here on a mini roadshow for the Rights issue in the middle of last year and told us, quite unambivalently that O8 would be in the market by October 2008. Here we are in April 2009 - and still no sign of any pre-launch publicity. And this for a product that was in advance prototype form more than a year ago and was promoted, by SBN themselves, months and months ago as the best saliva test in the world.

    Great stuff for your CV's guys! How will you explain that one?

    The recent, relatively trivial matter with SiYi on the website, is a good example of just how much a joke JK is.
    The SiYi details were accidently left off the SBN website for around 6 weeks following the google earth mapping updates in the distributors page. And they didn't even notice - for all that time. How's that for being on top of your business!

    The SiYi details were only added back in after I asked JK why they had been taken off. The irony is that he resored them after SiYi had already decided to shaft the agreement - and now it's still there, even after the announcement confirming the shafting.

    Just typical of how they are always behind the pace.

    But I'm still prepared to give them one more chance - with the mid-April proposals. If there is nothing or little there for us, I agree with the others that we should do whatever we can to remove them.

    With no decent outcome in mid-April we can finally denounce them, conclusively, as utter and complete failures.

    Let's see what they can do.

 
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