Some Good points Warnie They need to shut this thing down

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kinghilton

1,102 Posts.

11/04/17

21:42

Post #: 24012216
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Originally posted by Warnie ↑

Something to think about...

We have 400,000 possible preorders for the Roam-e, where are they? overstating proposects?
We have pre bought 40,000 Rova's.........real or not? concealing information?
Rova comes in a number of different colours...cant buy colours, why not? non disclosure?
Watches in Coles have sold out....proved to be a 100% lie.....concealing information?
Fake facebook followers.....misleading!
Fake reviews done by upper management.......misleading!
OTT was meant to be the money spinner as per prospectus?.......overstating proposects?
So many want to buy the Roam-e and Rova going by the "awesome responses etc ect stated by the company yet no tangible orders of merit? overstating proposects?

A report conducted re class actions said...

"We found that overconfident CEOs seem more prone to overstate their firms’ prospects or conceal negative information in the erroneously overconfident belief that future performance can make up for past failures."

http://theconversation.com/whats-behind-the-rise-in-shareholder-class-actions-72356

"Often this involves concealing negative information, such as declines in sales or profitability."

"Our research shows overconfident CEOs tend to overestimate their own abilities and the performance of their companies. Because of this, they overinvest, overestimating the returns and underestimating the risks, of projects. This manifests, for example, in overconfident CEOs doing worse takeovers."

Sound familiar?

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Some Good points Warnie
They need to shut this thing down

IOT Price at posting: 2.2¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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Some Good points Warnie They need to shut this thing down

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