No News It's no news of significance from the MD&A and Financials. The same song; another day older and deeper in debt.
Despite that there was a previous announcement that Eers were available in Europe, they will be launched 'officially' in Europe in June. Well, that's exciting, I hope they sell there better than the so-called traction they've gotten on this side of the pond.
Finally hired a marketing man who will work with Levin. At least it isn't another hi-hop star.
Really, in the numbers and analysis there is nothing newsworthy. They are still pursuing the seemingly elusive dream in seemingly the same manner. Makes this boy curious as to whether they really have a strategic plan outlined that we can review, because all the news indicates, is that they are doing the same things, changing their direction with insignifcant tweaks as they stumble along.
I know some of you think I am hyper-critical, but I see it as using critical reasoning, supporting effective planning and demanding that real actions be taken. They just seem so confused. One step at a time is all that is needed, and the elimination of the three steps backwards which appears to be habitual. Having a true strategic plan shared with shareholders would be a good, instead of announcing at year end what the key strategies were based on what you accomplished.
Oh, for the pumpers, I know that they really only started selling their boxed products this year so the numbers weren't expected to show much. It's the guidance or lack thereof of real planned guidance that worries me.