I'm happy with this news. It seems they're taking our suggestions on board and giving it a go.
At these prices they don't need that many buy and hold investors to support the company through this critical phase. So I hope they take it one step further now and provide us with some real insight in what their actual plan is on how to grow this company.
I'm sick and tired of reading that this management team is the smartest in OTC land.
This company deserves real investors - people who don't show blind faith in whatever management, but people who look at action plans and decide to invest or not according to whether or not they agree with the plan and want to support it.
So I hope next financial statements will be accompanied by some decent explanation of where they are, what's working and what is not, and where they will put their focus and resources.
A good start would be to donate the yoga products business to some school project, or whatever.
Cause let's be honest. This company has some great products. They have a great story. And there is a good chance they will become a success. But so far they have not shown a lot of focus.
It's up to them now to show they're worth our support. Not because they are better management than people who should not even be allowed to run companies. But because of their action plan and the smooth execution of it.
They should be so busy that they don't even have time to be rewarding themselves with millions of shares. There will be plenty of opportunities to do that as soon as they're actually worth something.