Member Info for Taser

For a public ally listed company they seem to have scant regard for either investor engagement or any proactive strategy to move this company forward.

Seriously we were informed if end of March timeline passed we would get an update? Add that the repeated comments on looking at strategic tie ins that never happen it borders on negligence.

So frustrating as they have the licences but absolutely no takers.

I had a look at the balance sheet and intangibles are noted as a measly $11,000. To an accountant out there what are the licences classed as on the balance sheet and what is the attributed value?

Just noted California announced it is now $32 billion in debt worse than anticipated due to the current economic climate. I can see there is no getting away from legalising online gambling as it is a quick and relatively painless fix for many of their woes. I just wish the process wasn’t so long winded, but on the basis markets are forward looking by 6 months maybe a crumb of hope to hold onto.

Maybe a wry smile rather than a happy one. Never like to hear when someone’s hard earned savings disappear in a public company trusted to deliver growth.

It is a shame WEB can’t meet its own promises regarding updates. As they say revenue is vanity, profits sanity. Revenue is high but expected in this industry but converting to profits seems beyond them.

I hold in hope as there is a deal here to be done but the silence is deafening.

Anyone got anything positive to say here? I suppose in 2024 a renewed attempt at a break through with the California legislation will be on the cards but that seems a long way off.

The lack of concise and considered direction is worrying and I say that based on historical statements and accounts which seem to bare no relation to subsequent actions.

Someone cheer me up (preferably WEB board). Do a deal and we can all move on

Don’t understand the corporate strategy here any more.

Told in historical annual accounts investment required to update tech. Nothing happened.

Losing money each year. The value of the company is solely down to the intangible assets (licences) and each year told we will look at strategic alliances and opportunities.

No update on Arizona which were told we would be updated on if the end of March date didn’t occur.

Start creating value or sell up. At the moment the board are overseeing a loss making business, time for a step change.

Anyone here read the Guardian?

There will not be a quarterly report. Quarterly reporting was a TSX requirement that SRB have now negotiated is not a necessity going forward. Just half yearly as I understand it.

2023. At present, we are simply awaiting our license hearing from the Arizona Gaming Commission. We expect this to be completed no later than the end of March 2023, but will inform shareholders if these dates change. We see this as an important revenue earner in its own right, but also as support for our Cal Expo operations. In addition, it would provide us with extra leverage outside of California.

So the above was taken from the February update. Seems they have forgotten what they committed to already!

PE ratio now 22.

Such a disappointing response today a rise of just 3.5%. The market is crucifying any company that marginally misses targets by double digit drops and rewarding with very little. Tough, tough market.

What is the situation on Arizona? Expected late last year, latest early 2023! Come on support your own share price.

What is the strategy here? It seems they are just sitting on the intangible assets (the licences) and hoping for the best whilst the rest of the business struggles to make a profit.

This needs shaking up and a proactive management to create shareholder value. It is so frustrating seeing the drops every day after seeing the same comments from the board this and last year about the wish for strategic alliances that never happen. Get on with it!

‘Market volatility is vey light’. Really?

Why does a company that thrives of volatility see a downward trend in its SP?

For the last year this has traded in a pretty narrow range for a small cap, although at the moment we are nearer the bottom than the top of that range. The events of the last few days have certainly not helped but looking at the company on a stand alone basis the metrics show quarter in quarter advancements yet this is not reflecting in the sp. Partly macro issues but the company really need to push on creating share holder value proactively rather than the current methodology/thinking that good numbers will automatically feed through. Yes that is the majority of the ‘game’ but a little bit of attention to investor relations and wider market recognition would not go amiss.

Good company, no debt, great headline product, increasing licences and geographical footprint. I suppose it is a matter of time….

*and a few…

Someone offloaded a chunk of shares at 10.30ish which drove the price down 2.12p. This then triggered automatic buys a few quick fingered watchers to jump in. Currently 0.67p down.

Yes another licensing agreement yet again a stagnant sp. It is rather frustrating a company with no debt and supposedly increasing margins results in little or no reward as measured by the sp. Part of this is the way GMR disseminate news. Surely it is time for a step change.

About to double production near term? Any chance you can add any substance to that?