RE: Jilson24 Jan 2017 18:49
ARSENAL
Absolutely.
I think they have always had (including previous BOD) extremely poor judgement in how and what they communicate.
I also think they display a surprisingly low level of competence in running this company successfully.
I think Anna has not been as proficient at cutting costs as she is portrayed. A good deal of stock was returned in 2015 and there was a significant saving in legal costs after the FITBIT case was dropped, Paul Landau and cronies left the company. So making some instant savings was not difficult. She also failed to make any further savings in H2 compared to H1 which would have displayed a greater level of competence from her.
She spends too much time networking for what appears to be her own ends compared to sitting in front of customers closing deals from what she and the company post.
So why am I still here?
As I posted last week;
1, Kirsch converted at 2.5p for some unknown to us reason. As the major shareholder they have information that we are not privy to, Anna reports to them, they are no mug's
2, Still advertising for new CTO @ £150k pa means they are planning to continue in business
3, Sally G must have done some due diligence that we are not privy to before putting her name to Fitbug
4, Although a small order £60k shows that there is a sellable service. Again the customer will have sort certain reassurances prior to ordering
I do not anticipate seeing my 1.8p anytime within the next 18 months.
This company always has the threat of throwing a haymaker at any moment.
What about you ARSENAL? What is your story here (other than to torture a couple of other contributors)?
J