And we come back to the main problem that YPB has.... trust.
YPB is the ultimate example of a company that over promises and under delivers. The market does not trust YPB and hence such announcements are not treated with a grain of salt, they are treated with a tonne of salt (IMO)
YPB always releases new partnerships as price sensitive. If Blackmores stopped working with YPB, should YPB also announce this to the market. I was under the impression that YPB was still working with Blackmores.
I would love to know out of all the partnership announcements made by YPB, how many have actually resulted in real revenue being generated and how many are still actively working with YPB?
I have never heard of this new partner (Phytologic) before, everybody has heard of Blackmores. I hope Phytologic is a good company and YPB can generate some decent revenue.... they certainly need it.
IMO, I do not see the fortunes of YPB changing whilst the current CEO is still at the helm of the YPB ship....the track record of YPB under his leadership speaks for itself.
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