I’m not participating in this SPP. I can’t see the value proposition. Who runs a capital raise in such an environment as we’ve got with BUD without a seriously good news flow?
I’m down 89% on this stock. If I could see some sign of a turnaround I’d be onboard to participate. But the Board aren’t exactly instilling confidence. We’re seeing the same stories of big opportunities and a failure to drive strategic sales.
Ohm seems to be on life-support. BUD is now heavily dependent on the B2C. I’m not convinced the Board & senior executive have the experience to navigate the nuances of this target market. The company’s business plan has just been poor and there doesn’t seem to be any consequences for key staff.
If the Sept quarterly doesn’t deliver a significant jump in sales we’re like to go sub 2 cents.
Yak
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