TSXV:NIR.H - Post by User
Comment by
idleSpeculatoron Oct 20, 2004 11:26am
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Post# 8070780
RE: huge accumulation
RE: huge accumulationIt's only a bargain if they are going to survive, ie they are profitable PMC, and they evidently still are not.
They always had two problems, one they addressed with the introduction of the removeall relabelling, they other is that they tried to market too many products to too many markets through too many outlets without the $'s or nouse to educate the markets they were tackling.
New compnaies have limited budgets and have to get one product successfull and profitable before moving on to marketing the next.
We should have either gone for the paint stripper and to industrial arther than retail. And marketed the h ell out of it to those guys. Instead we hit too many markets spread too thin and a couple of years ago lost the people who were doing the customer support (law case).
Dismal outcome to a promising product.