Replies to post #444 on Leatt Corporation, Inc. (LEAT)

[pungushe]

I tend to agree with VegasTony, here's why:

If we can (just for fun) disregard the fact that Dr Leatt is making a lot of money compared to what the company is making (which is worrying and will probably be discussed at the shareholder meeting), there's been a lot of progress, for example:

1. We used to complain there was no news but they've improved that and we've been flooded with news lately

2. We used to complain that they never reported numbers, well they've been reporting in a timely manner for the last 3 quarters

3. We used to complain that they couldn't get relisted, well they've managed that

4. We've been worried that they only have 1 product, well they've mentioned twice that new products will be launched in early 2010

5. Advertising is lacking, but new markets are opening up regardless.

These are all steps in the right direction It hasn't been the huge success I hoped them to be, but who knows what's around the corner. This recession has hurt far more successful companies than Leatt Corp, so I'm not so shocked their numbers have been dropping. Lets hope they can turn it around soon though.