Thursday, October 17, 2019 5:54:09 AM
The Market isn't interested in that bullshit.
Market knows that FUNN acquired a bankrupt Morning.
Morning was operating at a loss, hence bankruptcy.
FUNN is using all of Morning's staff; and inherited all of their problems from ideas/design, research, production, packaging, and fulfillment.
Market knows that FUNN CEO has never brought a company from bankruptcy to positive net profitability.
Market also knows that FUNN's Board Game Publishing subsidiary has had problems with all facets/phases of Publishing; from design, research, production, packaging, and shipping/fulfillment. Makes sense since their subsidiary is basically the original Morning crew.
FUNN released information about production issues, customs issues, packaging (i.e., tags), and obviously shipping.
As evidenced by FUNN's own PRs and tweets written by FUNN twits.
The Market wants to know if the publishing subsidiary is positive net profitable. Odds are likely that they are not. Certainly not in FY18 - and unlikely for FY19. And we won't know about FY20 until October of 2020.
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