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BuyOnDips

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BuyOnDips

Re: DewDiligence post# 145705

Wednesday, 07/18/2012 7:03:32 PM

Wednesday, July 18, 2012 7:03:32 PM

Post# of 252586
That was a brutal fall in PPS. They "the company" accounted for the fall in price due to approximately 10 units less per 2012 sales. I wonder if Senior Vice President of Sales. Ivan Delevic, MAKO's Senior Vice President of Strategic Marketing and Business Development, overstated the sales?

If he did or didn't, he was sacrificed. I’m sure the shareholders wanted a pound of flesh after losing nearly 70% in share price.

The loss in sales only accounted for about 20% less in units.

I suspect there is more to the story, but thats inside info IMHO.
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