Yowie Historical events

Based on AGM presentations, annual , announcements , posts and quarterly reports here are some of the key chronological events for Yowie in the past years:

1-Board defined and presented to potential investors since 2013 an unrealistic US total market opportunity for Yowie and created an expectation of a HUGE opportunity ( $2B opportunity in the US market as per AGM presentation)

2-Sold the dream to “Unsuspected” Investors in several capital raising events

3-Announced progress to seem BIGGER than they really were.

4-Selective users in “Hot copper” expressed excitement behind the stock

5-Board Hired experienced executives to grow the business and took the credit for their work.

6-Sales grew exponentially and Stock reached 1.30+AU

7-Board Offered large amounts of options with a vesting of only 3 years.

8-Changed the reward system after 3 years and only benefit the Board members and new hires

9-Board member (s) and other investors sold a large amount of options when stock reached one of its highest levels.

10-Board added significant new overheads and new roles in 2016 when the business was growing which delayed ability to deliver a profit.

11-Ways of working ,responsibilities and roles changed due to new hires

12-Management that did deliver growth was changed .

13-Board is changed and one of the new hires is promoted twice within 6 months without delivering any results. This person was hired by the previous Chairman at Yowie.

14-3 of the 4 new hires of 2016-2017 left the company ( Global CEO, Chief Marketing Officer, VP Travel Retail )

15-New CFO and New Chief Marketing Officer appointed

16-Several companies starts buying stock

17-KBC Company flies takeover bid.Company Secretary according to Form 604 Corporations act filed on April 26, 2019 appears to work with previous Chairman at another company board

18-Seven consecutive quarters of sales declines and the management and Board is still in place.

19-Company cancels takeover bid

20–Stock declines to 6.9 cents AU


The story continues………DYOR