Hi, Lloyd I've been a holder since 2020 and hold enough to be in the top 20. I still believe that Michael will do whatever it takes to raise this company to the next level and increase shareholder capital value. In 2021 they wanted to raise money for the development of their online sales platform, and the introduction of new products like gaming accessories plus more. but due to the incompetency of some of their people, a lot of compliance issues were raised by ASX and the company got into suspension mode.
The fundamentals are absolutely perfect, there was nothing wrong with the fundamentals or performance of the company before the suspension either. and I think It won't be long before people will realize this company's real worth. I've been in contact with Michael since this suspension through email and what is known is that Michael is fully aware of these issues like higher overhead costs etc I believe he will do whatever is required in terms of decreasing costs, and higher profit achievement so that we can get more return on our investment.
Good Luck everyone.
LEO
Please DYOR.
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