Hey Jmap - given I've engaged with you recently on these points, and this post here refers to our recent discussion, I'll jump in.
First up, I don't think you need to leave and definitely did not mean my response to you to come across like that.
I hope it was clear I was personally saying nothing about your character or intelligence. I'll speak bluntly and call your approach as I see it, but I'm honestly not having a go at you as a person.
Some people may have - and it seems like you have a bit of history off HC with a few people from here, based on interactions and comments - but just ignore the trolls, and also maybe try and temper the way you engage with others. Stuff like that is almost always a two way street. If you react poorly, it perpetuates.
As an observation, some of your response go beyond just countering "FUD". You usually acknowledge there are some problems eventually, but generally you are quick with responses to anything with basically some version of "nup, no way".
FUD is a problematic term anyway, usually associated with crypto gambling forums - as sometimes the fear and uncertainty is justified. It is often basically a way of saying ignore any red flags or negative views, and just keep holding because one day $$$$s. Now that may be so, but some issues are definitely worth discussing (if discussed the right way). Simply put, there is a tendency, as I said earlier, for people to think critical views are actually proof that the concept is great, and people think it's so great they're going to destroy it to get more for themselves.
Not all criticism or frustration at the company is unwarranted - treating it all as such simply because you have conviction and can't or won't believe it can be, but obviously not always will be, problematic.
And of course, that isn't to say DW8 won't ultimately succeed! But we have reached a point where we are desperate for capital, and the only way to get it will balloon the shares on issue to the point that existing holders who don't see value in throwing more capital at it
You have recently been posting reflexively, and almost stubbornly, to any criticism of the company with basically "not listening, I'm going in harder!"
You can clearly admit things have been handled badly by management recently at times, so if you were a bit more balanced in your responses, I don't think there would be as much push back as you are getting.
Yes there have been some awful things said about people involved in the company on here, particularly DT. A lot of that are our usual suspects, both multi and single account trolls, taking the easy opportunity to twist the knife and goad reactions.
All good to defend that within reason, that's never been an issue as far as I can see.
On the eBev thing - the straw person element was basically saying "the DW8 model and current metrics cannot be flawed, and everyone saying they are are wrong, because another company are intending to IPO".
Instead of addressing DW8s terrible CN / CR fiasco, or discussing the stalled growth metrics, you are sort of saying "well a sort of similar company is intending to list, and therefore criticism of DW8 is false". It isn't a perfect example of a straw person, but it is a fallacious argument.
I think the general consensus on here has always been eBev's numbers in their prospectus don't look great or entirely transparent and they may struggle.
But what eBev do or don't do, and if they do or don't succeed, has zero to do with DW8s performance, metrics and future. The fact eBev are thinking of doing an IPO does not validate DW8 or any of their recent actions, or say anything of the truth of claims made in relation to DW8s actions.
It is great you still have conviction, and you are 100% entitled to that view. I still hold all mine, and will continue to do so.
But I think you need to consider how you come across to others. You don't always need to be the first in to every post, and you don't need to be on such a staunch crusade to prop up the company on every issue.
I get you feel outnumbered and probably a bit targeted, but some of that is because of the way you have reacted to things. Lots of people had and still have money in this, and no matter how much, that is significant to everyone. We are all disappointed.
But if is big trouble if you start seeing failures or mis-steps as in a way validating your investment. Or refuse to acknowledge them and instead try and win the forum battle - that is a bit too common on internet forums. The battle becomes between personalities, and the actual issues become secondary.
I think generally this forum needs to take a step back and realise the company will perform how it will perform. Lately it hasn't been great. But it will do so independent of who is leading the charge in here.
Hope you take this the right way, again I'm not trying to have a go at you - but you've been super active in here lately, and as an impartial observer, you haven't really been going at it in the most helpful way to yourself or others.
Sincerely, all the best.
As I've said before, we are all hurting - us in here that continue to hold, those who have sold out at these lows, and those in management involved in trying to keep their company, vision and dreams alive.
We all hope DT and the rest can turn it around. But it is also the case, and I feel this view is justified, that a lot of investors feel pretty let down by a lot of what our very well paid management have done over the last 6-9 months.
But with where the SP is now and how desperately capital is needed, there is likely to be some massive dilution ahead. As I said before, that unfortunately means that the market cap may need to be 2 or 3 times where a lot of people initially invested just to get their money back.
Anyone who bought in around 5 cents would have done so at a market cap of around $90 million. If DW8 / Kaddy gets back to 5 cents and breakeven, with dilution, the market cap could be up around $250-300 million. So the company needs to be worth 3 times as much as when you bought in in order to get your investment back to even.
So I think a lot of the irritation around the recent performance is more to do with what has happened to long term investors holdings. New investors at these levels may see some pretty good returns, but the long term backers who may not want or be able to keep taking part in CRs may be diluted to the point of their initial investment never returning.
So yeah, the company may succeed, but ultimately some of us have already lost out even if we keep holding.
That's the market at this end, though, unfortunately.
But a lot of this value destruction for people who bought in around 3-4 cents and higher is on management and how they have handled our growth via acquisition.
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