Morning all9 Jan 2019 09:03
Interesting chats and banter as always - and always a bit of fun separating the wheat from the chaff as they say!
It’s great to see contrarian views are now being challenged with facts rather than insults.
I’m in agreement with Putney that a 3 month update or post Christmas update with some positivity would be most welcome - part of me considered why the company would choose not to release an update yet (but I drew a blank). I hope that when they have positive news it comes as soon as is admissible but there you go.
Yesterday I had a few minutes spare so I had a look at koovs investor relations on the company website and I would urge any investor current or potential to have a look also.
There it clearly states who holds what quantities of shares and the % of the company as a whole. It also shows who has been granted what options and at the price they are excisable. I think I’m right in saying Mary Turner took last years salary in share options? This would appear to show tremendous belief in the company regardless of how we think she is performing in her role.
Those options are at 17.7p and are excisable 3 years from 18/07/18, but she also has nearly 7.5 million options that are excisable at 53.5p from as early as 1st July 2019.
There is an incredible financial incentive for the major board members to make this company successful and I think that’s worth remembering.
Ps Re: Previous posts regarding Koovs has spent a lot of money since initial IPO, that’s true but that is what is required to build up a company such as this in its early years. No denying Koovs is behind schedule but with the HT media, FLFL investment and strategic partnership and additional capital raising - this company is now (I believe) getting ready to show what it can do.
Hoping for a positive update like all,
Best,
Matt