Yes I agree Simonides. I'm writing my investment amount off in my mind and if the price has gone up in 12 months great. I do think they've achieved a lot in a short time but the young team were done no favours by management with their overhyping and shall we say flamboyant spending practices. The board should have been far more conservative and sensible in just about every decision they've made. They tried to run before they could walk - they're not Facebook just yet. Of course some of them have made a tonne of cash already on the back of regular shareholders. I hope the guy who said he was going to invest his son's house deposit didn't do it.
It makes me worry when they say they're going to do more marketing if sponsoring race cars is their idea of marketing. They need to concentrate on product develop so there's a good retention rate among existing clients and so they stay ahead of any competition as well as sales to get new clients. PR and word of mouth will come.
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