Questions
1 - Are Buddy staff still on reduced remuneration?
If so when will this be normalised? Is there backpay accumulating?
2. - How is Don Hicks rewarded? Is it on Revenue or Margins achieved?
3. - Is 2nd manufacturer also in China? If so, how will Buddy protect itself from patent fraud and intellectual property theft? Any plans for manufacturing in Europe, America, Australia?
4. - Are Lifx products already copied in China? There is an increasing number of LIFX suppliers on Alibaba selling Lifx at very low prices. See screenshots.
5. - While demand generated is fantastic and very exciting, will Buddy be able to maintain its 30% margin on high volume sales to the like of Amazon etc.
Thank you for the opportunity to ask questions.
