News flow.30 Aug 2018 11:29
I relayed the increased news flow that TH indicated .Since then we have had. 1 18/6.ICANN approval re ICM. 2 25/6 China update,re VIP,shopping and law launch. 3 ,13/7MIIT approval for a number of our tlds. 4 ,13/8 Etherium partnership,luxe .5,15/8.work update.Thaat is five important updates and planned fututure strategy in four months.Now, I’m all for constructive criticism but let’s have it on the basis of fact not just lashing out without thought.
On a wider point,I look for a CEO to be a master of his industry,to understand the customer base ,to be innovative , have flexibility in his strategy and to have the respect of industry insiders,SL being such a person.Think about it.SL has had no cash in his pocket for ICM,just shares in MMX,about 150m of them.I would suggest that It represents absolute confidence in TH and his ability from an industry insider.
What I have never expected from TH or any other CEO, is that he gets everything right all the time ,Constructive criticism and to suggest a better way forward is one of the benefits of a B.B. like this..My view of our current situation is that we have operational success and fantastic growth going forward but that there is a perception of a lack of detail amoung PIs. A company like MMX ,in a still nascent industry ,needs to demonstrate revenue growth on a regular basis in order to attract investment ..Eliminating barriers to PI investment is important and with this in mind ,I would like to see the instigation of quarterly updates ,I think this would go a long way to satisfying PI concerns particularly in the H1 periods.I believe the period from now till the end of the year will be the most interesting in the history of MMX and that this should be reflected in the SP.
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