ABV 2.22% 8.8¢ advanced braking technology ltd

Nomination for Company Director, page-6

  1. 23,765 Posts.
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    As a director , I doubt you will have enough support to change the company and would get frustrated , personally If you are wanting to make a change you would need to formulate a more coherent strategy than "get it back on track developing new products with proper techniques and processes, using the latest software technology."
    From my perspective and not wanting to offend , the strategy needs to be more about marketing their current products to get increased revenue to cover fixed costs , than developing new ones which causes more cash burn and then more dilution and a lower sp .
    One way maybe to change the company with a more marketing focus would be to find a partner to do an agreement with and get that company to buy into ABV with you in return for being the finder to have a board position ?
    There is a 4wd accessory company listed on the ASX, I would be talking to them .
 
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