@McKhenry just quickly, the biggest concerns in this report are the contradictions. I would be concerned the LIFX products just aren't selling as DM would make you believe.
Why else would you, all of a sudden, have too much inventory?
Why else would the chip components required to get through until mid 22 only be 1.3m, well below previous expectations?
These don't support a second manufacturer coming online.
If one were cynical of DM, they would think he is telling shareholders what they want to hear to conceal his own incomptence.
BUD Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held