They add new counts every quarter yet sales are flat ,, they predicted this quarter to be low single digits yet it was minus ,,And would have been worse only for Australia sales ,
They are in numerous tier 1 retailers (for quite some time now ) in the states but still sales are flat so why is this ?? The company seems to be heavily reliant on wallmart for some reason , is this because wallmart seems to put a lot of effort into the product and placement of the product where as walllgreens and target and all the rest just have them all over the shop , ??
Or is this just simply as Bert has said , "series 2 has run its course " . I hope thie latter is the reason or else we're in trouble .
With series 3 launched late Q 1 , discovery world launch ,Canada launch and Australia starting to ramp up one would think that Q 2 should be pretty good and get us back on track , if not then it could be game over .
And on top of all this management are looking for mind boggling share based payments and bonuses ,
Sorry for the negativity but it's getting harder and harder to be optimistic about this stock ,
Has anyone any thoughts on how we will go in Q2 ??
An update from management half way through Q2 to let shareholders how it's going would be help , instead of silence for another 3 months whilst the sp withers away
YOW Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
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