IPO update, page-863

@huwscor

If they're not in the business of pushing boxes, how are they meant to have customers to provide this holy grail of recurring revenue? Are customers meant to take their own pulse and phone the data into GMV?
Amazing how becoming someone else's recurring revenue hasn't appealed to enough customers to create decent revenue for this smarmy outfit.
Apple and Tesla -- and LifeWatch -- seem to have done pretty well by pushing boxes. But they are talented people with a vision to produce objects that customers desire and aspire to.
This outfit of carpetbagging johnny-come-lately's have run out of investors to BS to.
Suddenly they define themselves as Guthy-Renker retail as opposed to medical -- but in the lead-up to Christmas, there is no sales push. Genius.
GMV spends money on YouTube BS, with scripted questions, and a sock-puppet interviewer nodding like a fairground attraction at Yacov slightly making sense -- and the only people viewing it are posters on HotCopper.
Yacov plays down the $15M IPO as a small number, and says the company doesn't get a lot of it -- but thank God the IPO was based on $5, and not the SP as it is now, well under half of that.
Which means everyone's ASX shares didn't just get consolidated by 90:1 -- but actually more like 200:1.
Worst company on the planet.