Dear "Two Dags" the "Darwin award winner" for constant fails
15 cents to 3.6 cents "massive destruction of shareholder wealth" described by "Two Dags" as a 'small hiatus' is quite the understatement, don't you think?
15 cents to 3.6 cents - the share price ravaged by the markets with the new "A Team" (amateurs) who have played musical chairs, burnt the cash, and have a breakeven goal number, is it 4 or 3 now? It keeps changing, but it would be great if it got to goal number 1. Not inspiring much confidence. nil
But they have reduced costs, which may be a good thing (if you're an accountant), but reducing costs and no sales is not good; often you need to incur costs (the right type of costs) to achieve growth. This is a growth company, right? A growth company without growth![]()
How do you think the loan is going to be repaid?
How many units do they have to sell to repay the loan?
Any options other than a capital raise to pay back the loan?
The plan must be to get to the share price up and then a capital raise. I bet 15 cents is looking "juicy".
If the product development is so low key why did you bother mentioning it ? Just more spin, right?
BS and Spin = Two Dags = constant fail = Darwin awards
Just like "two dags" - This company is failing
Maybe get that "one guy" behind the desk out doing something to support the sales team. Its "that time" - everyone must support the sales team.
Accumulation time right! I hope you have deep pockets - end-of-year tax selling is coming - there will be lots of yum yums at discounted prices.
A lot cheaper than the 7 cents ("two dags" last recommendation for accumulation) and my last sale of these shares.![]()
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