GMV The Future, page-827

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HonyakuKonyaku

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14/01/20

15:48

Post #: 42373826
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Originally posted by Galilee13: ↑

Finally had a conversation with the company and received a few answers to my questions. here goes

Company acknowledges that it has an investor relations problem. And that the market is lost on its strategy, what it does and what it is trying to achieve. Hence the appointment of 6Degrees investor relations.

An updated website and in particular the investor section is being worked on as we speak.

Trying to develop some continuity it's terms of quarterly updates and company presentations. Looking at a new format for the next update at the end of the month. Followed by a new corporate presentation.

Trying to get the quarterly out before the 11th hour.

Start to rebuild investor credibility and confidence.

A drawdown of the GEM facility will require a shareholder meeting. Funds will not be drawn down at these share prices. Just crazy dilution. Looking to create some positive momentum via better reporting and new announcements before drawing down funds.

Agreed the announcement regarding the US growth rates should have been normalised for acquisitions.

Will be organising an investor roadshow in Australia. Will most likely coincide with the AGM.

These are all my opinions based on the conversation.

I await these new reports and presentations. Hopefully they are accompanied with new announcements. And therefore give me the confidence to increase my holding.

Over to you Yacov!

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Thanks for sharing that Galilee. You obviously didn't beat around the bush with your questions. Much appreciated.

GMV Price at posting: 8.2¢ Sentiment: None Disclosure: Held
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GMV The Future, page-827

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