It's astonishing how Cycliq has managed to stumble that bad
Led by two boys lacking any business experience, the company's plummet on the ASX is no surprise... Their greatest achievement? Racing bicycles. Unfortunately, this doesn’t translate into business success.
The exodus of the experienced crew due to their overinflated egos is a huge red flag. Losing talent has left the company floundering.
Now, they’re being sued by their JV partner for not keeping contract terms. This isn't just a mistake; it’s a glaring sign of incompetence.
Investors deserve better than this ongoing disaster. Will the leadership finally wake up? Doubtful.
Ann: Action brought by Cycliq Research & Development (HK) Limited, page-3
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