Radiko Holdings Corp GEATF

re: New direction towards profitability

[ranforurlife]

These resignations were no surprise as legacy directors are too attached emotionally to their brands and there would be a difference of opinion on future direction and managing a public company. Looking forward now with a strategic vision that will look for opportunities to make profits there are immediate needs for this company now like finding new directors that are competent in this field and are strategic players. The new directors will be important as this is a reset to a new profitable beginning with products that will be sellable in the US and worldwide. Its good that the AE investment has been put on back burner to rethink its positioning. At this point you cannot lose anymore than what is happening now, I think that going forward this strategy is a good one and let's hope that the business model proves it right. The business strategy does not have to stay the same forever as facts change so should the direction of the company to make it profitable.