Wow this could be a long post given some of the ridiculous comments made on this thread - showing so clearly how poorly people understand how to build early stage business.
@mattdamon and
@eieio - no it isn't embarrassing at all. The only thing that is embarrassing is the people who complain about seeing Camplify adverts which are standard google and facebook retargetting adverts. And the complaints are made by people who are looking to invest in tech companies!
@Radar100 - airport billboard advertising would be an absolute waste of money. And if they did that, you would be the first one to complain about their waste of money. They cost an absolute fortune, and you need to do lots of it for it to have any impact. A single billboard here or there would do nothing at all. (I have a friend who got talked into some distressed airport billboard advertising and ended up wasting about $50k on it and got absolutely no benefit whatsoever.) And you also keep on banging on about shorter term rentals. Chris has said at a number of presentations that they had started shorter and ended up going longer term because that is what owners wanted. They do have some 4 day rentals at airports.
@bossplaya1234 - re the new business opportunity, there was reference to it in the December quarterly report, so it looks pretty clear that it is still being worked on.
And all you people saying that Chris should go and buy shares - you do realise that he and the other directors aren't allowed to buy shares in a blackout period don't you? And I'm sure you also realise that they can't buy shares if they know information that isn't public information and could be material. If there is a risk that a material deal could be signed shortly, or something critical happening with the business, there is no way they would risk buying shares. It is pretty clear that they have quite a few things going, so there is always a strong chance that there are very limited opportunity for them to buy shares.
What were the prices of the last lot of director purchases? Well above these prices now. And I'm sure the directors know a lot more about the business and what is happening than the shareholders and they thought it was worth buying then. They have so much more experience with the business than any poster here!
Nothing has changed from a week ago, just a few panicky people who sold some shares and therefore encouraging more people to sell some shares. I reckon some of those people will look back over the next month or so and kick themselves fro selling at 2.2-2.4c.
Some of you may want these guys to promote the stock like a few other companies recently, but look where that got them. Building a good quality sustainable business is the way to win the marathon (and this is a marathon, not a sprint).
Seriously people should get a grip on reality.
Regards
Marv
(20min delay)