Hi Phantom.
Hopefully this is not the case . I think that the BS aside, they are making headway. However they are experiencing the major headwinds in the form of COVID and a serious downturn in spending from the American and global consumer .
Bob touch on the CCI * Consumer Confidence Index) in the presentation l think. He said from memory that it mimics how well the company does ( my words, his thoughts). If you look a that chart it has literally fallen of a Cliff.
My opinion is that if and that is a big "IF"
We can weather this recession/Depression that is here and coming we may come out this As a very profitable little Company. But as ALWAYS we wait.
For the record l would think a share consolidation would take place before they went down your path.
regards
H
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