NUH 0.00% 8.1¢ nuheara limited

Ann: Notification regarding unquoted securities - NUH, page-125

  1. 298 Posts.
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    I wrote an essay? You have written the biblical bible or making things up on here mate - as for quoting the financial guru Ivan Kelly ( who you now want to get rid of as well as Miller), the only thing Ivan Kelly has done is went down a path of we are going to get to profitability in a years time by getting cash up front from walmart, selling one per store per month at Walmart ( almost a year ago as you say above) and led Nuheara into pretty much bankruptcy as nothing he has said or done has ever come to pass.. He is not one you should be quoting. As I said previously, the EX CFO would never have allowed this to happen. You do not go and spend 6 million dollars you do not have, whilst having flatlined sales figures, whilst losing money hand over fist each year, whilst continually diluting shareholders, whilst continually staying on high salaries, on the whim of a CEO whos dream was to be the next Apple and wants to make a chipset to be sold to the masses, blowing 60 million of shareholders money in the process, whilst getting paid over 4 million himself in that time. All they had to do was simply license the hearing tech to realtek for an agreed clip per board, let realtek go and do the work, paid of the vast majority of staff, kept the entire tech team, stopped making CE product, and saved themselves 6 million in the process, then they would be still in business today with plenty of cash in the bank, and we, as shareholders, would still have some equity on our investment.
 
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