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RFB

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Alias Born 07/07/2011

RFB

Re: None

Tuesday, 05/09/2023 2:03:00 PM

Tuesday, May 09, 2023 2:03:00 PM

Post# of 108
Management can't stop spending/losing money and way too many red flags here.

Management, despite super low PPS, are not buying any shares - that speaks the loudest.
Chief retail officer only owns 4,435 shares, this just highlights that even management does not believe in what they are executing.
No clear strategy and executing seems to be a perpetual challenge.
In short, company continues to swim outside its depth. They were excellent at executing as a small business, but now that they have started competing with larger marketplace and got out of their initial niche...they are getting their arses handed to them.
CEO has mis stepped over and over again by opening his hole on political issues instead of attempting to address the business issues and challenges - but it is clear he has no idea how to do this...again, outside his depth - the entire management team is. Best thing company could do is a wholesale replacement of leadership team/ C Suite. They should all be forced out and replaced with business leaders, not half cocked trigger pullers that have zero clue how to right the ship...

All of these challenges have been going on since inception...shorts are loving this action....and management just keeps pouring on more fuel to the fire. Owning shares here is literally throwing money out the window....better off to burn it...

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