It seems current management are being blamed for the sins of those who have gone before them. It can take time to turn a business around, realigning sales efforts, stabilising existing client relationships and forging new ones, cutting costs, etc... Of course these things can take "15 months" it doesn't just happen at the click of a finger. I'm not sure that another management change at thIs stage is going to expedite the matter in this particular instance, probably only slow the process further and cause more instabilIty.
That said I hope the current management team have learnt from their predecessors and to not over promise and under deliver. The assertions they have made re a return to sales growth and being cash flow positive better be easily achievable targets for theirs and our sake, otherwise there is no hope for this stock.
YOW Price at posting:
13.0¢ Sentiment: Hold Disclosure: Held