It appears that The current management and Board have implemented a new direction and strategy:
1-Deliver double digit declines vs prior year every quarter
2-Promote non- performing employees
3-Deliver lower margins
4-Announce new distribution in large number of stores even if sales are declining
5-Announce new marketing strategies that have little or no impact in sales
6-Announce global expansion to new markets with little or no impact in sales
7-Higher expenditures in more expensive trade shows
8-Communicate that next quater might be negatively impacted by another excuse.
Why ask for a new direction and strategy when they have been consitent and no one has done anything about it?
YOW Price at posting:
9.0¢ Sentiment: None Disclosure: Not Held