I agree that the ship is definitely rocking. I think MNW's...

I agree that the ship is definitely rocking.

I think MNW's performance this quarter will determine whether it's worthwhile to continue holding (for current holders) or to jump on board (for prospective investors). Fact of the matter is, competition is already beginning to flood this space and there's plenty of new tech emerging that can potentially displace MNW's products should it gain sufficient market recognition and penetration (and of course, if any teething issues can be resolved quickly).

MNW has disappointinly been unable to capitalise on its first mover advantage, but it can still achieve some form of market dominance / presence should it be able to secure something decent this quarter. Beyond that point, there is simply too much uncertainty as to what MNW can achieve and even if they come up with a good strategy (eg. investing in the new emerging tech), the amount of cash burn will very rapidly eat up their recent cap raising in the form of capex and wages.

It's good to see MNW recruiting some of the best in the industry to help direct the business, but seriously with the amount of money getting paid to retain these guys, we as shareholders would like to see some proper results.