Troubles - maybe there's still ...1 Dec 2017 11:06
... hope?
My major concern from RNS is summarized in these 2 statements by AWebb
"... delays in product development and delivery and an extensive cost structure already in place." - this would imply: NO PRODUCT YET!
"...arranging and joining a presentation of our products..." - This is worrying on so many levels. JUST ONE, ONE PRESENTATION? REALLY?
"Over a period of 40 years, I have accrued a wealth of experience and built a strategic network of contacts within the UK and overseas" - and that has resulted in the ability of facilitating JUST ONE PRESENTATION.
"a significant cost cutting exercise of the BOS business. It was not an easy exercise but was inevitable and it was very sad to see loyal BOS team members unpaid and in a lot of cases laid off." - This may well mean even more difficulties in either developing or advertising the product.
So, that is all worrying. AW hasn't been around for long, and of course there have been conflicts in AW's vs MT's views for best direction to take.
But, is MT return a good thing. Maybe not after all.
I really don't have a strong opinion, seems bad bad now. Maybe best AW stays on board and new investors are taken on board, limiting MT ability to interfere further.