Hi,
I would just like to bring to the board's attention that WeChat is among a range of emerging competitors of Oziris, along with Alibaba who are beginning to negotiate partnerships with key players such as Fonterra, Blackmores and Synlait Milk. See an example news article here;
http://www.news.com.au/technology/i...s/news-story/e735abbac442ea398a6df803699df7e1
Oziris has been available for a while now and it only has 500 downloads on Google Play. What steps are being taken to develop the app and form partnerships? It feels like this was a stunt to pull in more investors. There's been absolutely no updates on this part of the business at all which is contributing to the overall lack of transparency.
A lot of investors are beginning to form distrust with management and we would appreciate better transparency on some of the progress that's being made (both the good and the bad), rather than getting the now routine shock at reporting season.
I appreciate your time in reading this email. I have a lot of capital invested in the company and have already lost half of my cost base. Unless something drastic improves with the way this company operates then I will join the masses in withdrawing their funds.
Thanks.
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