Else Nutrition Holdings Inc (BABYF)

[pual]

I may be naive but the reason I keep describing our CEO incompetence in general management of a startup like business is maybe (just maybe) she or someone close to her will endup realising how stupid her stubborness is and making them wakeup before they get to the point of no return. For now they have a development/distribution company (no manufacturing), few assets (excluding patents getting old) and no marketing worth mentionning. More recently they try to survive by diluting the shareholders.
Hope you did not lose to much exiting (may be the smart thing to do).
Personally I keep my shares for 2 reasons:
- My NET cost is very low (I traded effectively a couple of years ago) and I do not care if my current owning goes away,
- Cannot believe our CEO will keep destroying the company forever without waking up or having someone close to her influencing her.
When that affair started, our CEO envisionned a $5,000,000,000 billions business within 5 years. Considering the market she is in, that was feasable but she blew it big. Let's see if I will endup saying I knew and should have sold at $0,25 or so so.