I am a bit puzzled about the April 1st date --we were informed on December 14th that LVT and MS were in talks with Fortune 500 companies about use of AI. Seems to me that the timeline in this announcement is a bit tweaked.
On a personal level it also irritates me when a positive announcement is delivered shortly after an announcement with a negative sentiment (CEO and others involved in some legal case).
Furthermore LVT has taken on more monthly expenses with the acquisition of Hyperfish.
Lots of expenses and not enough money in the kitty.
Rest of announcement reads very well but I still offloaded 75% of my holding today and will not top up again until I have a better understanding on marketing costs vs sales.
We might also know more about the Girand case after June 12th as a conference is scheduled there.
LVT Price at posting:
47.0¢ Sentiment: Hold Disclosure: Held
