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Ann: Appendix 4C - quarterly, page-24

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  1. 10,813 Posts.
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    Any reason nobody here seem keen to talk about the actual number and especially the next quarters budget? They are forecasting lower production costs (i.e. less sales), but the real kicker is advertising and marketing is going to go from $753K to $350K. What retail product can be grown in sales on the back of a more than a halving of advertising and marketing budget?

    This is not a management problem, this is a product problem. I actually think the new CEO has done not a bad job in the circumstances, just the business model is doomed.
 
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