Followers | 48 |
Posts | 9782 |
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Alias Born | 01/31/2008 |
Tuesday, July 17, 2018 10:36:28 AM
uh, we know how Dan's plans worked out. Dan went off in 20 directions and didn't have proper funding for even one of them. Most of them (india, taiwan, canada) petered out and died like rats in the bushes. Combined with spending like a drunken sailor on a 100% bloated staff, Kathy Ireland interviews, and a factory that should have never been built, he managed to burn through $200m of capital without bringing a product to market. And he stole 4m RSUs to reward himself for his incompetence.
Anyone who gives him credit as a manager isnt a good judge of management ability.
"Ken seems focused on costs more than Dan" THANK GOD!!!
Ken realizes that a business with no revenues must have one primary focus: getting to revenues before the cash runs out.
From that strategic perspective, the strategy to follow becomes clear.
We have a fighting chance with Ken.
You have to ask yourself, "Do I feel lucky?" Well, do you short punk?
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