I think the brand can be revived if the management do the right thing by the company and not their own personal gain.
BUT its a loooooonnnnngggggg way away at the rate they are going.
Even their website gets improved at the rate of a learner from a 'WEBDEV for DUMMI3S' book.
There is a point at where I sell, because it would be enough for me. Waiting for the word on what's next, and more importantly what the truth is about some of the statements in the last announcement.... 'about getting the explanation of position/transactions to the Auditor understood, so its clear to everyone'
I can see some creative and dodgey accounting coming up...and thats what worries me, because it worries analysts.
..but majority holder (who took over in the reverse merger)appears to distributed his stake to others (again some announcement if you look back)...so it also questions what the plan is there.
But as I said before, this is a punt for me..that if it all turns for the best in some big grand plan, that it was a good bet...and if it doesn't well too bad. Thats what bet's are, when you going for big odds..at least here we have some info...at the casino its all about the numbers.
SRA Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held