May as well just go to the end of all Buddy announcements because that's where you find the deception. Dave buying himself time again with another empty / premature announcement. Pathetic. SHOW US THE $$$
"While order forecasts from retail partners have historically been a very accurate measure of their future ordering behaviours, an order forecast does not bind a retailer to order in that quantity. Accordingly, and at this point in time, the Company is not able to disclose the revenue materiality of launching LIFX White because that is dependent upon product purchase orders received on a demand driven basis from retailers. As those purchase orders are received, the Company will inform the market by way of further ASX announcements. Due to the size of this order and the credit worthiness of our retail partners, the Company is presently negotiating with our financial partners to extend financing terms outside of our normal arrangements, to facilitate manufacturing such a large volume of product. The Company will provide shareholders with an update on the progress of its negotiations by way of further ASX announcements."
BUD Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
