RE: just out of interest14 Nov 2019 10:47
not at all. Although I encourage debate on these sites. I also highly recommend that investors dig around themselves and do their own research, manage their position size, and only invest what they are comfortable with. I am in it for myself, as are others and even if I see the company as positive, others might have difference of opinion.
Personally I had the warrants down as negative but they were already there, small and are now cleared. I also had the difficulty in valuation down but that is expected with a company that is turning around. There have been lots of changes that have eliminated a lot of the negatives such as how it handled its existing products and services, understanding the value of Labskin on its own and as part of a package including AI. Removing the negative parts of the business and paying down debt. So there were negatives which have been turned to positives. We also needed more financial documents to really asses how it is moving forward but these come in years time.
Obviously, new laws, regulations and people's beliefs in regard to animal testing and its hopeful removal have also changed and helped improve the desirability of the company. As has the desire to have more transparency in regard to product claims. (also with laws changing.) and let's not forget the new teams' contacts with large players removed negatives and made them positives. Sure there are niggles, some thought the recent acquisition was too expensive but that has proved to be a very lucrative asset and a driving force. AI is going to be a lot bigger than most think.
All in all, I think there has been a balanced discussion, the seven days discussion of a 20k invoice on other sites for example but when investors are happy with company progression and direction then there will be more positive conversation than negative. There are not that many opportunities out there like this one. which were discussed,
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