Jun. 13 at 3:09 PM
$MNY new people. Do due diligence of the history.
They spent nearly a hundred million for revenue growth 2 years ago with continuous claim of ‘we are touching a surface of the market’ then now changed to scale down to be a mini-me company, wasted time and money.
Revenue is going down and down every quarter while their competitors are growing. It was years ago that they predicted to hit
$100M revenue (not even profitable of course) but it is getting away, if not heading to
$0.
Unless they get help from riches, current managements are not strong as entrepreneurs. What they do is a small touch improvement over here and there and in few cases, do the same as the previously fired CEO.
If it goes up, oh ya~
GL
