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Ann: Appointment of Voluntary Administrators, page-87

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the trickster

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08/08/24

07:34

Post #: 75118473
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Originally posted by grolph: ↑

All you would be doing is paying the BOD's wage for another extended period of time. If they had a product that everyone wanted it might actually make sense, but they dont and never have. All the talk is on the management of the company, but each generation (if you can call slight tweaks) has been a complete failure. There is no evidence that the company's business could ever be profitable.

Even the fabled 1 chip solution was never tested on the market, to see if it would actually sell any.

Where are the problems that they are selling so many, but cannot produce enough to keep up due to shortage of parts. Where are the problems with distribution because demand is so high. Where are the thousands of 5-star reviews to back up this revolutionary product.

Its simply not there because its a white elephant. This was a con by a lifestyle company and unfortunately just because people have invested money they dont want to accept that.

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Miller and the Board are effectively gone.
If they do come out of Administration, Miller and the Board cannot resume their positions

NUH Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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