It's precisely what you said. It was echoed by Holdtight, that DM had confided in you both that last December qtr 2018 Lifx had sold product below cost to increase revenue - never disclosed to market. That DM had made a "strategic" decision to sell fewer lifx product Dec qtr 2019 but only at a profit per unit - never disclosed to market. The market expected more lights sold and more profit from Dec 2019 qtr. The fact that Lifx revenue was $12m for the qtr, catastrophically lower than even expected, proves DM was never focused on 70% growth and has mislead investors. Like I said earlier, you are a family member and have a similar agenda to DM, mislead people as much as possible.
BUD Price at posting:
3.0¢ Sentiment: Sell Disclosure: Held