Wednesday, November 13, 2024 3:38:41 PM
Actually the PR is remarkably up front that the company has not been performing well and extraordinary measures need to be taken to try to get things on track. The names of the consultants and turn-round specialists don't matter, the fact that they have been retained says it all.
It's hardly a vote of confidence in the management that a small and not particularly complex company cannot perform without having to resort to handing over its operations to some external hotshots to sort out. One wonders why cutting costs and boosting efficiency is so beyond their own capability. It should be bread and butter work for a competent management that is on top of the operations.
As for major revenue increases taking place in the first quarter of 2025 we've heard previous predictions of big quarterly revenues expected that were way out. The June Quarter results were a huge flop. They need to walk the talk and stop treating the shareholders like muppets (the ones who aren't dumbasses, that is).
Where are you Walt? -
The Open Road goes to the used car lot.
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