What evidence do you have for anything you just posted?
Do you really think the company would do zero DD before signing a distributor without any contacts to fulfil their obligations?
Any distributor who doesn't fulfil their obligations gets canned so if they aren't delivering they will get replaced.
The company can't sign up perfect distributors for the whole world all at the same time, it takes time.
The biggest issue with the average retail investor is that they have no patience & want everything to happen at once. Rushing into making decisions causes more issues & problems in the long term, irrespective of the available resources.
ZNO have excess cash & could just splash it around & hope that is works, which seems to be what some posters want rather than a carefully laid out strategy that the company is following.
The CEO is very conscious that he doesn't waste shareholders funds & that's why ZNO is a lean organisation & is scaling up gradually rather than all at once.
People also have to realise that post COVID-19 the business needs to flexible so as not to become overhead heavy.
I would suggest people wait for the AGM presentation before critising the CEO.
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