It may also be the most honest shareholder letter I have read.
Two totally lost qtrs of sales. Product may have been coming back rather than going out. I would be surprised if SHF wasn't ready to turn the lights out.
Howe has done wonders keeping the company afloat with the support of his BOD while he attempts to grow sales and increase the IWEB sales footprint. We're at the end of his first full qtr at the helm. As he has stated numerous times to anyone who has ever communicated with him, he does not share sales figures other than in filings. I don't think he was using aggressive language in his letter about sales, I just think this letter is a great way to hammer the point home to everyone and maybe lighten the load a bit on his inbox (LOL)
My guess is that the company is working hard, making progress, and has been holding back on some announcements over the holiday period. Plus, everyone should have expected an absymal K. Lots of companies hold off on PRs during the holidays because their audience is focused elsewhere.
I continue to trade the swings and manage my core. This dog might have some fleas, but it ain't dead yet.
Happy Holidays and Stay Safe
GLTA
