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New Blog Post - 15/05, page-88

  1. 6,270 Posts.
    lightbulb Created with Sketch. 494
    Great show, but how much more pivoting is required by this company from the prospectus? They already pivoted from selling robots to selling walls they now cant route and sold out half the revenue to do it (when it eventually rolls in) Whats next?

    People invest because of what they are told and/or promised by the companies management. Pivoting has always been a very dangerous, last ditch effort to save a company IMO, most of which fail.
    I still believe a CAT deal could have worked if the machines were made user friendly enough. If they had accepted it i'm positive the SP would be close to $1 now with a production line in full swing, hence why i have always maintained the move they made should have been a shareholder vote.

    You don't sell lifts by the kg to a crane company because cranes are complicated.
    You train good crane drivers and riggers.
 
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