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Ann: Suspension from Quotation, page-325

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ElleBee

904 Posts.

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22/03/24

11:58

Post #: 73011497
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Originally posted by the trickster: ↑

Yes, the accounts are done and signed off by the auditors.
What does "strategic initative " mean? Didnt Miller set out their strategy last year and path way to profitability?
How does this align with realtek and their high volume business model? Miller aiming to sell 50-60K units per yr contradicts RealTek's model which is built on selling hundreds of thousands if not millions of chips. Miller has been talking about OEM's and claimed to have a non OTC non USA well progressed but has not closed a thing , which is quite extraodinary given Realtek is in his corner.
Last webinar Miller stated that he would not pursue the consumer market by selling and or licensing their tech into it, those statements would of been horrifying to any RealTek executives who may have been watching. In fact Miller was belittling at such a suggestion.Which is crazy because the tech is readiliy applicable and i cant imagine that there are no companies out there not willing to pay to use the tech.
Within a couple of weeks after the webinar he is over to Tawain and we now have a "strategic initative" going on?. Hmmmm
That above may be all wrong but the fact is RealTek is a high volume producer and the strategy set out by Miller contradicts RealTek's business model. But who knows. All will be revealed.

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There is only two outcomes here. You are giving hope where there is none.

NUH Price at posting: 8.1¢ Sentiment: Sell Disclosure: Not Held
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