LBT 5.56% 1.7¢ lbt innovations limited

Ann: Half Yearly Report and Accounts, page-5

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  1. 936 Posts.
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    It appears to have maybe been a lifestyle company for several years now......jet set around to global conferences and achieve zero sales....speaks volumes when you have a good product but a team that can't sell it.....such outcomes used to be classified as being incompetent and historically a CEO may have resigned in the interest of preserving shareholders wealth....sadly we have a CEO that has delivered on very few of the targets the board set over the last 30 months and too many dreamers here that didn't vote down the renumeration report at the AGM  which may have been the last chance to instigate the needed changes......it's starting to look very much like it now has the potential to go bust when the funds dry up within the next 12 months as almost zero hope of any further successful CRs....AIMHO of course.

    Come on BB show some respect for the people that have been paying your salary for the last 3 years and give them some value back by passing on the reins of the company to someone who will deliver on the targets the board sets.....how much more value do us shareholders need to see eroded????
 
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