1. Assume they are the same auditors but not sure. Yes, we definitely need to see a detailed timeline here.
2. James told me that Steve was very difficult to work with as time went by and ruled the place with a tight grip. The profligate spending was largely signed off by Steve but that certainly doesn’t excuse the lack of oversight by the BoD here.
3. see 2 above, I don’t think anyone had the kahunas to stand up to Steve, including James.
4. You are correct, seems to be the Dubber Go approach but I really didn’t get any understanding about the monetisation strategies for their AI services other than do more of the same but with higher margins based on pricing at channel level.
Summary; there’s really only 3 courses of action open to holders now. 1. Stay the course and hope for a better run business. 2. Head for the hills now, but realise the losses accordingly. 3. Dive in even deeper at current price and benefit from a greatly reduced DCA.
DUB Price at posting:
3.6¢ Sentiment: Sell Disclosure: Held
