Austin - let's get this right. You expect an MD who came in only last month to provide guidance??
Yes, the sales Q2 have gone down since board spill...are you implying this is the result of strategies implemented from new BOD?? The sales of last quarter were the result of sales strategies of prior management implemented from RV. The SP would have fallen anyway.
I too would like management to keep the market better informed...but MD has been in the role 1 month....yes 1 month.
It's obvious there's a lot of cleaning up to do, understanding the status quo, formulating target markets and detailed segmentation to be done, aligning sales staff to skills needed to sell to target market etc...then we can get guidance. I much prefer they do this thoroughly so they over deliver and not over promise. We are all hurting....but based on yesterday's call I definitely believe PB is a hands on MD and skilled to formulate and execute a strategy to increase future sales.
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