Be interesting to see what Kobi comes up with - current pointers suggest his enthusiasm was more along the lines of an amateur entrepreneur who got access to a coneept and promoted the living daylights out of it without doing this homework in one vital place - the market.
Now reality has arrived and the ball game has changed. He has to actually go to work instead of telling stories.
This where the rubber does or does not meet the road. I got sucked in with the concept, but for my money the promoted deals will fall over and the realtiy has arrived.
He may extend the concept with the confidentiality speak, but that will only be an extension of the ultimate demise of this company
If he had a deal with revenue, an announcement of some consequence would bave beer forthcoming by now. He has nothing imo and is now working on how to salvage the situation.
The stories will not cut it anymore.
The management will do OK, there is enough left for fat salaries for a year or two. They will make a buck.
UTR Price at posting:
0.6¢ Sentiment: None Disclosure: Held
