just one reason I'm still invested and have added more since the consolidation, PAUL PEROS.
in a few years he has taken the company from a small Perth company with about a dozen workers with only a dodgy supply deal with P&G.
we now have 2 manufacturing hubs in Italy and China. offices in Croatia, Switzerland as well as development in Perth. starting small offices in London and New York. have around 100 staff with a lot of quality joining Paul from Foreo and other major brands.
have released a range of reduit products and swisswell knee patch. doing a kickstarter campaign for the launch of Reduit boost. have a couple of other products in development.
only have a market cap of $15m.
couple of major negatives, finance is still a concern, faith in a couple of management, failed deal with Nutrition systems.
but the tech seems to work, all the groundwork of building staff, manufacturing, distributors (will double this year) building inventory etc that need to be done before the chance of success have already been placed.
IMO, its a longer term play than my other investment and still has a few hurdles to clear but can easily see a 10x - 20x from here.
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