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Ackroo Inc V.AKR

Alternate Symbol(s):  AKRFF

Ackroo Inc. acquires, integrates and manages gift card, loyalty marketing, payment and point-of-sale solutions used by merchants of all sizes. It develops and sells an online loyalty and rewards platform. Its self-serve, data driven, cloud-based marketing platform helps merchants in-store and online process and manage loyalty, gift card and promotional transactions at the point of sale. Its hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries: automotive dealers and more. It is focused on helping to consolidate, simplify and improve the merchant marketing, payments and point-of-sale ecosystem for their clients. Its GiftFly is a self-serve eGift Card platform. Its Simpliconnect business offers software as a service, focused on driving client engagement. Its payment ISO affords the ability to resell payment processing solutions to their growing merchant base through some of the payment technology and service providers.


TSXV:AKR - Post by User

Comment by Maggson Nov 19, 2021 11:55am
140 Views
Post# 34146052

RE:RE:RE:If..

RE:RE:RE:If..Rogg47 says..."Lots of blablabla but no added value for shareholders over the years, can't believe this guy still has his job..."

So True!   : -)    Pretty sure he won't fire himself either.   


On that note, the share price of Ackroo is actually much worse than it even looks. Steve diluted the stock over 1 year ago and the stock is essentially the same price. So taking into account the dilution and the money they used to purchase companies, it seems they have done nothing but move backwards. They seem to be wasting an awful lot of money in a whole bunch of different ways but spinning it as a positive.

After watching the company for a couple years...I invested here because it seemed like they were finally getting on track as a company. I was clearly wrong and I own that. What actually has Steve accomplished for shareholders? Because as a public company that is how success is measured. People don't like to hear the truth on these boards but unless you call these people out, they will never change their ways. I want some accountability because I am a shareholder.

You know they are gonna "Ackroo" more companies...Is Steve gonna dilute again to buy more companies and spin that as a huge positive just like he has been doing? At some point, he needs to take ownership of these facts. When you run a company for as long as Steve has and you are not creating any real value for shareholders, maybe it's time for a change. 
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