I totally agree @Darkness. This is an overreaction indeed. Of course we were all expecting more sales agreements and not an update on a current one. However, the company is very new, has started to operate in an unprecedented market hit by covid 19 and trade wars. Sales orders do change, unfortunately.
They have changed for many companies in Australia. Even for a2m.
This has nothing to do with NZS management, who have been/are quite transparent and prompt in responding to any of the shareholders concerns.
I am sure that NZS will overcome this as they do have cash and, it’s a mater of time before they receive more contracts. NZS products are of a high quality. I’m not too worried that they will find more and more distributors.
Cheers to the holders and buyers.
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