Post by
MisterPut on Jul 05, 2022 1:51pm
Sproutly on a Ventilator.
She is debt ridden with no equity left to leverage, has lost it's investor confidence, has no fundamentals to keep her up, no leader to effectively lead a charge, and nor does she have any viable path left to profitability. IMHO Sproutly will breath her last breath before the years-end.
What a shame!
Comment by
MRK421 on Jul 05, 2022 2:30pm
Spr was dead man walking once management led by bozo dolo fked up the moose jv. Was it a pump n dump from the start is the question. Share price would say yes it was always a scam.
Comment by
crunchymuffin on Jul 05, 2022 10:25pm
A mix of incompetence, arrogance, and self-serving interest. Arup should be ashamed, but knowing him, he is probably incapable of any self reflection.
Comment by
MRK421 on Jul 06, 2022 5:58am
dolo was in charge when spr bought out ibs in Canada and did the jv deal with moose. He was making all the right deals but couldn't release a single product under his watch with the wind behind spr back. And investors never got a proper explanation wtf happened to the jv drinks. The drinks were supposed to be released end of 2019 way before the Covid shi t show.
Comment by
MRK421 on Jul 06, 2022 8:53am
The guy lives in Florida. I'm surprised he isn't being sued there by spr investors. I know many ppl r pissed for being screwed. Remember the smart money warrant holders at .10 and .08? Lol