Does anyone know if we are going to get an update on the recent trip by ADO to visit Polaris in the US?
Or is this another PR item to get the hounds off their poor track record.?
Will this drop off their radar and it is not discussed anymore or placed deep in a quarterly as a one liner that they have been dropped again?
The updates on this will show if the latest shareholders coms were merely because of an agm and elections coming up or is indeed a change in corporate culture with a good dash of honesty and reality.
We were 'periously close' to folding. We have life and a heartbeat but will we be bled dry again if the incompetent decision making and allocation of scarce resources over the past 7-9 years continues.
Hopefully some have learnt their lessons and stopped blaming others.
There is a couple of good projects on the go (ellume ths best $$ earning one) and a potential flier with battery tech. (But possibly low probability one as a highly competive space).
I also want to look fwd but you also need to check rear vision to see the past record. Some level of s/h cynicism an frustration is warranted when you look at mgts and past bods record. We were fed lots of hype and nothing material has landed. Lots of excuses (given from an ADO perspective - not from interested parties perspective , so we are relying on words from a perspective of self preservation and ego)
Past fliers we were dangled include
- POC1, Cook, BBI, Chinese ivd company, 80 + companies looking at our product.......
Many here blame Diasource - our bod's gave them the wheel to the enitity and quite possibly no clear direction. No one from ado (the company that took them over so had control of the merged business) was based over there. Instead the wheel was given to one of the vendors who $$ were still owed to. Sorry but this is plain amateurish.
My point is it cannot be everyone elses fault for this period of time. Some level of acknowledgement of this is starting to come out but there is still lots of resistance from inside the company, hence we will have a political battle occurring which has the potential to further derail the company after being given another chance. This is it. S/h will not dig into their pockets anymore, we are spent and lacking trust due to such a poor past performance and poor deer making in the past.
Grow up! Work together.
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