Followers | 17 |
Posts | 1558 |
Boards Moderated | 0 |
Alias Born | 10/15/2013 |
Thursday, October 31, 2013 11:07:22 AM
No knock on Eric, but he clearly does not know how to anticipate, plan, manage unexpected changes and grow a business.
I think that the products are good, but the ability of the company to get out there and take the next step is just not there.
Anyone watch "The Profit" on CNBC? It is perfect lesson on how good people and sometimes not so good people poorly manage companies.
In this case, I don't know if Eric is good or bad, all I know is that this company should be profitable and be in a better situation than it is, but my guess is poor planning, etc. has put them in a corner.
Don't expect to see pps movement for a while until current management finally has to let go and someone else comes in and takes the products to the next level.
I expect 2014 to be the make or break year for current management. If they can't turn the company around at that point, look for a suitor to come in and buy it for pennies on the dollar and then Watch Out.
I wonder if anyone has made offers for the company....has anyone ever asked Eric? Just would be interesting to know.
I have this company on my radar, but I think that there are more dark days ahead.....
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM