Q: Hi 5i Team,
I continue to struggle with the lack of progress by this company! They’re making all sorts of moves with board members, but no change at the top!! The product is just not selling! Again I ask, is there something about this Product and the Company that long investors are missing? Would appreciate your assessment. Thank You. Stan.
I continue to struggle with the lack of progress by this company! They’re making all sorts of moves with board members, but no change at the top!! The product is just not selling! Again I ask, is there something about this Product and the Company that long investors are missing? Would appreciate your assessment. Thank You. Stan.
5i Research Answer:
We would let the revenue/fundamentals do the talking here regarding the product and demand. Since 2020, the company has not been able to generate meaningful sales and between size and performance is unlikely to get a whole lot of attention at this stage. Regardless of the potential of any product, at some point it needs some validation through actual purchases.