BUD 0.00% 4.3¢ buddy technologies ltd

Fully agree products look kool.I'm happy we have the...

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  1. 2,143 Posts.
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    Fully agree products look kool.

    I'm happy we have the LIFX founder on the board. Operating at any loss isn't great but if it gets to cash flow positive as projected that's great. As much as I would like to say it isn't a cover up of the ohm failure, I still think it is. Resellers are not on board as of yet that will help if they do jump on board.

    It looks like LIFX and BUD will begin business together but apart. Meaning LIFX will go on as is and so will BUD. 

    As far as cash flow positive goes still many questions on how this is possible. If LIFX don't hit the target of being cash flow positive this is impossible. If uptake of OHM doesn't occur and no big deals then I have no idea. The acquisition may have blurred people away from that point. 

    LIFX is a great company and I'm happy, still many more questions will get answered as the next few quarters hit. Interesting times this really is make or break for Buddy. 

    Quarterlies will show if we make it or if it's all BS.

    Any acquisition takes time to see it's value after two quarters we will get a better picture. DM and the founders of LIFX are the winners at the moment. Let's hope we all win, all IMO.



 
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