https://finfeed.com/company/ahi/
For AHI to move from a ‘pre-revenue’ company to a ‘growth company’ by finding product market fit AND capitalising on the large audiences of any of the platforms that it has partnered with.
After multiple false starts including failing to capture any revenue from the Tinjoy partnership, failing to deliver on the timelines set by the Nexus Vita partnership, and the multiple delays of key financial statements, we have reduced confidence in AHI’s ability to stick to its promises and timeframes and the stock has been moved to the “Bottom Drawer” Portfolio.
We are holding on to the stock for now in the hope that the new CEO can capture the attention of the US audience, and may sell out of our position to free up capital for other investments if there is increased liquidity on the stock off the back of a good announcement.
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