BUD 0.00% 0.6¢ buddy technologies ltd

5 cent Christmas Party, page-23

  1. 2,577 Posts.
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    I was super busy yesterday and only read the headline part of the OHM announcement.

    On re reading it, the most important parts are in the detail.

    "Pepe’s Supermarkets has completed an installation of Buddy Ohm across 80
    temperature/humidity monitoring points + 17 electricity monitoring points,
    to monitor
    and predict electrical failures across their cold storage chain in Trinidad & Tobago."

    "Back in April 2019, the Company conducted a substantial restructuring of the commercial
    business, including significantly reducing the Buddy Ohm sales and operations team. Having
    reduced that team down to a single sales manager operating out of Miami, FL in support of the
    Latin American and European markets, management is very pleased to be delivering sales growth
    across both regions while still minimally staffed. Further details on the Buddy Ohm commercial
    business will be provided in a New Year investor summary to be released in mid-January."

    Perhaps Mr Market also took a day to digest this news!


 
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