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And you've been obsessed with this stock almost as long :)
Haha, but you're still here. Ha
Sorry guys... but they've allowed this stock to become a joke.
Lol you're still here? You must really love FUNN....
Hi there... I've been here since 2017 as well. The company is still operating; however, the management team is so inconsistent in its efforts with shareholders it has completely tanked shareprice. In all honesty, its as bad a handling of a public side of a company that I've ever seen. The lack of effort is mind-boggling at times...
Management provides periodic updates then disappears for long stretches, they make promises then never mention those promises again, they rarely respond to shareholder questions, and put nearly zero effort into communicating with current shareholders let alone trying to attract new ones. On top of all this, they appear to continue to lose money. Based on all of this, it seems clear they continually breach their fiduciary duty. It pains me to say that since I used to have such high hopes for the company.
Unfortunately, at this point it's my feeling most shareholders have completely lost faith in the company. Other than this, things are great...
You spoke to Roger a year ago? It's odd to me he doesn't make the necessary changes... did he provide any insights into anything? Why they neglect the public side of the company?
You created this profile yesterday...lol
Because investors don't trust the management team to properly handle the investor side. Pink stocks run on momentum and they've done NOTHING to create any. They make promises and don't follow through. No confidence at all... worst stock I've seen in a long time. It didn't have to be this way, but what appears to be management's stubbornness in ignoring investors is sinking us.
So sad what they've allowed this stock to become :(
You seem very engaged for someone who has no shares... lol
I think we know the company has not done a good job attracting investors... but my question is, why are you here? Lol
It's unbelievable really... I've informed the company time and time again that these basic things were being ignored, but nothing has changed. At this point, it's willful neglect, and completely unacceptable...
I hear ya CE. For whatever reason management here puts almost no effort into investor relations. Outside of a spike in 2017, the stock hasn't done anything in years. You'd think this would motivate them, but....
I agree with you that these trolls are ridiculous... the problem is these trolls have been given life because the company does nothing to defend itself... they let trolls have their way.
416-500-2911
I urge you to look at my post history. I was the biggest supporter of the company from 2017 (when I first purchased the stock) until about 2 years ago when it became clear they were not putting any effort into the public side of the company.
I have reached out to them numerous times with a long list of reasonable and relatively easy things they could do. Not only have I received spotty responses, but I don't think they've implemented any of them... and pps continues to decline, and has for several years now. This is totally unacceptable.
As I pointed out in a previous post, the stock price was higher before Snl was acquired by AMFE many years ago. Think about that... its ridiculous and is a strong indicator the company has failed its investors. I keep my fingers crossed that things change, but if past is prolog, we're on our own as investors until MAJOR developments occur with the company, or management decides to finally protect its shareholders. Fingers crossed...
Lol. Part of the reason it's still pink sheet is because they ignore the investors and the public side of the company. Down 90% in six years with almost zero effort to try and stop the decline... that's not ok whether it's pink sheet, red sheet, white sheet, or blue sheet!
It really is kind of incredible... a legitimate company that does absolutely nothing to protect its shareholders for long periods of time.
Unfortunately, we're stuck with a team that just wants to run a private company... only problem is it's a public company : (
Some do, but what other pinky do you know doesn't attempt to create excitement for its stock, whether by an IR team or otherwise?
One way or another management has to get its story out, especially a good story such as this. Here, management doesn't do it. We've given them ample opportunity (10 years) and shareprice is still under a penny...
Consistency is not their thing when it comes IR. Good thing markets don't like consistency ??
Ten years after going public... $100 traded and 2 posts. Please put someone in charge of IR. Please!
Which makes the company's lack of engagement even worse. With some effort they could get shareprice up to where it should be, but alas they do not. They simply ignore shareholders and don't seem to care...
Lol god bless you for trying to defend the way they're handing the public side of the company, but the market has spoken and disagrees... we're sitting at a penny :(
I think you just made my point... news was released at a much faster rate when Rogen was CEO. In the end, it doesn't matter what we each think, stockprice says it all. It's in the gutter and something needs to change...
Just look at how Rogen communicated for the brief period he was there. Concise, consistent, and candid updates on management, growth, each location's operations, subs, IR, and other new initiatives. This steady stream of information instills confidence in investors. Right now it's greatly lacking... just look at stock price. Overall, its plummeted for years now...
On this exchange, you have mostly flippers looking to make a quick buck. However, you also have some investors with real money looking to get into a real company at the froubd level. Silence does neither of these groups any good.
These stocks run on momentum. The company does almost nothing to garner momentum. And real investors simply don't trust management to successfully navigate the public side of this company. Thats why any spikes are immediately sold into plummeting the price. We've been in a downtrend for 6 years now.
All they need to do to create momentum and instill confidence is what Rogen started to do. Put an IR business plan together and provide clear, consistent communication outlining how they are achieving their long and short term goals. Once you get stock price up you can aquire more cafes and so on and so... its a snowball effect. It's a win for stockholders and a win for the business...
Another day of silence from management... not even trying to build excitement or communicate consistently with shareholders. Not a confidence builder...
I urge everyone to keep reaching out to management to let them know this 6 year slide is not OK...
The issue here, imo is investors don't trust management to successfully navigate the public side of this company (why should they since the company totally neglects its shareholders)... therefore, any spikes are immediately sold into plummeting the price. We've been in a downtrend for 6 years now.
I continue to urge shareholders to contact management to let them know they can't remain silent for these extended periods... its killer in this exchange, as we've seen continually for years. Why they don't seem to understand, or simply don't care, is beyond me.
All they need to do is what Rogen started to do. Clear, consistent communication outlining clear long and short term paths. They must instill some confidence in shareholders, cuz right now there isn't any. This stock is like a small raft floating unprotected out at sea with no one navigating the waters... that has to change.
Just communicate like Rogen started to communicate... consistent and clear. What they're doing now obviously isn't working, stock price remains in the gutter. Again, simply do what Rogen started to do.
Let me guess, another day of silence from the company??
Why would the name change move the needle... I think we need to admit it, this has been an absolute loser of an investment. Not at all what many of us expected when we first parked money here. So far, they've blown it. Just look at the chart....
Unfortunately that's even worse... they're supposedly better off than they were 10 years ago, however stock price is about the same. In fact, if you remove the one spike it had in 2017, it has had very little positive movement over a long period of time. And despite all of this, management either doesn't seem to care that shareholders have lost a lot of money, or they don't know how to attract new investors. Either is unacceptable...
$1200 traded today... 10 years after going public. That is not ok.
Down 85% in five years is a disaster...
Unfortunately, the stock here has been a disaster, and management has let it drift downward for years without doing much to protect shareholders... its unfortunate but imo until they proactively focus on stock price, it'll just be a typical pinkie only good for flipping..
Possibly, but what none of us can avoid is that the stock is down about 80% in 5 years. The chart says it all...
Agree, but instead of telling this board I believe it'll be more helpful to tell management directly. They're communication, or lack thereof is hurting the stock... and if they hear it directly from shareholders I'm hoping it will sink in eventually...
Welcome!
My opinion is they need a partner ASAP. 1-2 cafes per year isn't fast enough. They're leaving waaaay too much room for a competitor to come in and take over the market...
Again, I'm going to plead with true investors here, let's again reach out to management and demand they do more to communicate with current shareholders and attempt to attract new ones. Their silence is hurting us...
This stock was at this level first week of January 2017... that's not OK. Especially when there's a real company here. No idea why management ignores investors the way they do...