RE:RE:RE:Reading ChartsBuying the hardware was NOT a strategic mistake for the following 2 reasons:
1) Original decision was due to wrong info. The scumbag ex-employess convinced LC it was needed in an attempt to sabotage & bankrupt RHT.
2) Its turning out to be a blessing in disguise. They are currently
leasing the devices to clients. So it bringing in revenue while leveraged as an asset
qwerty22 wrote: She said they would bulk sell hardware to raise cash if needed. It sounds like that will be their first port of call if needed, I didnt think there was any need to read between the lines on that one. It strikes me that the hardware purchase was one strategic mistake from last year. It was a big chunk of their cash and it clearly didnt solve the problems they were having. We wouldnt be even contemplating cash shortages if they hadnt commited to that huge purchase. Live and learn.