I fear you are 99% correctthe only point I’d challenge you on is...

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29/04/21

23:32

Post #: 52828135
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Originally posted by Harmattom: ↑

@dilson123 . . rename yourself dilusional123 . .

The buddy tech is good . . but not amazing. by the time they scramble out of this and maybe get the funding ti survive and maybe get the funding to order new inventory and maybe find suppliers who can supply them the parts to manufacture and maybe stay afloat given the lead time to then maybe restock the supply channels they have created to then maybe have customer's who will order the product after constantly being let down with out of stock issues . ... all the time while competitors have taken market share and been producing product by the millions (just remember the 1m chips that were sold from under buddy are being made into lights by a competitor right now.

all the time while we have a product that will with chinese manufacturing be duplicated and replicated and price points will rapidly fall making BUD manufacturing uneconomical . .

bud have an 'on trend product' that will soon lose market desire . . And what market.is there will be being fulfilled by BUD competitors.

you can hold on in hope but this is Buddy OHM all over again . .

this is imo the death of BUD . . it should have died after buddy OHM but they were thrown lifx as a lifeline . . then proceeded to stuff that up as well. the accountants don't even know what a 1/4 of a yr is and for this info to be approved right through board level just shows how totwlly incompetent entire business is

each to their own but hav8ng been invested in bud from low teens . . to 40 c . . then back to low teens (luckily i exited when i truly saw dave for his stoey telling) . . this is same again. from here there is only one likely outcome. the death of BUD

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I fear you are 99% correct

the only point I’d challenge you on is LIfX throwing a lifeline.

Dave paid way over the odds foe LIFX in a desperate attempt to salvage some life after the Parse, then the Ohm failures.

The originators of LIFX laughing all the way to the bank

BUD Price at posting: 4.3¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

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