RE: cash 20p19 Mar 2019 07:40
AJP - New bod in place. New way forward. He's had around 6 months to get his mark in place before an update. It takes investment to make a good company hence the cash burn. Only reason it dropped was CF selling their holdings due to admin:
Why I invested - New CEO "Stephan Beringer":
"Stephan is a transformational leader who has built deep relationships with brands, and consistently driven revenue growth and technological adoption throughout his career in the marketing and communications industry.
With our technology now in place with the leading players in the world's key advertising markets, Stephan's leadership will enable Mirriad to accelerate demand and drive sustainable and repeatable sales for the long-term,
by offering brands new, authentic and persuasive solutions to reach and influence their target audience through video at scale."
New President "Jana Eisenstein" appointed "build sustainable growth for all shareholders":
"Mirriad is a fast-paced business that is looking to scale quickly on a global basis, and that's an environment in which I have thrived during my career.
The technology that underpins the business is incredibly impressive, and a lot of work has been done to embed Mirriad's systems and processes with key players around the world.
Now it's time for Stephan, myself and the team to build on that foundation to enable meaningful and sustainable growth for all stakeholders."