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Alias Born | 02/05/2008 |
Saturday, May 18, 2019 3:29:21 PM
instead i feel sad,how can anyone be laughing when its(those who posted) company becomes a de facto "pie in sky" development model.The company took a wrong turn,driven by last-minute and impulse reaction,to develop a new lifeline,100% decoupled from its competence/customers,as the core revenue reclined and everyone panicked,while:
2019 model=100%(revenue)-85%(with 5% added charge of pr buy-in,25% tariff incentive,more)-33%(sg&a)
or
the company is spinning out of control,and expect its 2019 losses to be $1.5 million,and this can change on a dime,as the expenditure of a rudderless "blunder" smart mirror platform unravel and going nowhere.More pumping $ into the sinkhole,mark my word.
Here is a classic where half truth becomes lies:
expenditure of $145k on the mirrors last q for:
we found out:"strong interest" but nothing booked due to concern of "complexity/reliability"
move forward(backward?): direct marketing of mirrors to enhance core sale and "to prove reliability"
Yes,management is wrapped in its only lies,and laughable indeed,and you pay.sad.sad.sad.
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