BUD 0.00% 0.6¢ buddy technologies ltd

Questions for management, page-5

  1. 5,360 Posts.
    lightbulb Created with Sketch. 873
    Why does the business from the outset of 2015 have so many problems and they seem to build up instead of getting fixed?

    LIFX can only burn so much cash until administration is inevitable. This 9 months of losing millions for three months to breakeven is just silly. What is the future?

    The departure of TP and MA seems like they run away. We now know you overpaid by possibly 20 odd million for a failing business. The early departures is eye opening to what seems a waste of money. Product is good but the manufacturing and cash burn side of the business make it fail. Thoughts on this DM please.

    How is OHM going,the future and when do you think this side of the business will actually gain traction?

    Debt will kill the business what actual plan do you have to elimate the debt problem?

    The company needs a cash injection of some kind to survive is that going to be a raise or a big deal? (Or administration) Explain DM please.
 
watchlist Created with Sketch. Add BUD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.