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holymoly

316 Posts.

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31/03/19

10:13

Post #: 37941189
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Originally posted by Holdtight: ↑

OMG, I was anticipating posts along the lines, "well done Dave on completing the LIFX deal" or "Welcome on board LIFX team." . Instead I am reading this rubbish above DM being a crook because of his sales and purchases. At the time of the sale the market had been to 40c and was at 20c. He had to sell for personal reasons. That was signaled to the market. He would have had no idea at that time that the whales that the team were working on would take as long as they have done. He wouldn't have known about the management issues at digicel. How wouldn't have expected INGRAM micro global to drag its feet on the IoT launch. It was all too soon to have known these things.
And now, after months of long hours of work he has completed the LIFX and as a show of good will, has invested his own money into the raising. He simply can win. If he put in $500k, the market would say how greedy he is. Put in $150k and they say it show that he is only partly confident, puts in zero and market says he doesn't expect its a good deal.
Some people are never happy.
Let the market decide over the next few weeks. Now we can expect a bunch of news flow. Ie record sales months, record re-orders, new product launches, etc.
Dm is fully aware that people want numbers. The LIFX numbers will not appear in the next 4c. Put I am sure he will make it clear what the number "would be looked like" It will be the one after that we will see LIFX + OHM + Airstream revenues. I am anticipating the next 4c to be considerably better than the last one as Thor money is in there and from the recent OHM update, they appear to be finally gaining traction. However, I can only begin to guess what the costs of this LIFX deal have been. Longer term they will be insignificant, but may land in this 4C. Fingers and toes are crossed that increased OHM sales will be the market focus.
Now the team can return to working on landing those whales.
Well done team BUD technologies.

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you want us to congratulate dm with the price sub listing and all raising prices ?

you think he had, as ceo, no idea on how possible tenders were progressing?

he had no idea about how digicel was going?

why do think it was all too soon to know these things?

what has he been doing all this time then?

can return to landing whales? I really hope it hasn't been tools down still, even after they took 4 weeks holiday as per Dave's last update

BUD Price at posting: 7.3¢ Sentiment: None Disclosure: Held
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you want us to congratulate dm with the price sub listing and...

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