Bit of paranoia here?? Specific to BUD in that piece: “Buddy is...

Bit of paranoia here??

Specific to BUD in that piece:
“Buddy is valued at $140 million after launching their energy product along with a costly marketing campaign in 2017. Their energy management product is available around the world but after 11 months on the market, they are still making losses, reporting a $6.2 million hole in their half year financials at the end of December.

They secured major channel partners like Ingram Micro to distribute their product, but earlier this year mutually agreed to not go ahead with a Telstra partnership they were working to secure.”

Can someone point out which part of the above is not fact??

It’s a good idea to be subjective when investing at this end of the market, IMO.

Time will reveal whether or not BUD will be a success. I’ve got a few bob that says it will but if not, I won’t be losing sleep.

Good Luck!!