I rather nemaura do a reverse stock split to stay on the Nasdaq. FAZ made a ass out of shareholders since ce approval. Before he could hide behind that saying there hands are tied behind there back. Now being ce approved and who knows when or if a real launch will ever happen? Mid east customers are probably gone he had lined up. Dallas Burston seems to care only about his polo club. Why would FAZ give exclusive marketing rights to him to distribute in all of Europe? He should of went with someone with a proven record. How long can DBE hold up a launch for before legal action is taken? Hard to believe it takes so long to get the components for sugar beat. Faz and nemaura hardly ever update shareholders or answer emails. To me that's unacceptable. It shows they dont care are hiding something or both. I feel sorry for everyone who invested heavily in this. Break the contract with DBE and pay at a break up fee if needed stock is getting destroyed. How was the investor who loaned nemaura millions of dollars so confident? How long can they go with no real sales before trying to raise capital again? People won't be fooled nex th time I guarantee it. I'm holding my shares very frustrating.
@WhiskeyBusiness DBE had years to prepare their website and launch plans. Specifically it was DBE's Chris Avery who was in charge of preparing to launch. He failed miserably in this task yet Chaz hires him from DBE and makes him VP of Global Operations. Makes no sense to me.
As far as trading above $1 before January...we all know that isn't going to happen. There is absolutely nothing planned that would cause the SP to rise like that. I predicted .50's in November and I predict .40's before the year is over. Then another 5 or 6 months before UK launch so the SP will continue it's decline well into 2020.
I believe there is something else going on with the product that we are not aware of. Something that caused the FDA to send sugarBeat back to Nemaura's drawing board. It could be a long time before this thing actually launches.
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