Hoofa you wrote:
(Successful branding of a company takes years of hard work. A good product well serviced, continuity of credible management and Board, stability, transparency, efficient administration, building of revenue and in time profit, control of expenditure, focused niche marketing, leadership, and a well thought out business plan with timelines and accountability.)
It may be on the cards that FAM's time has now come;
Successful branding with Family Insights could come in many forms. The FAM book may prove to be a very smart and powerful marketing tool that turns the public towards the Family Insights approach and cyber safety platform whilst not costing a penny, but in-fact adding to the bottom line.
I would put my trust in a CEO that can turn an 'expense' into a profit. That shows me that building strong 'smart' foundations is our CEO's way of doing business.
I believe that we have witnessed
recently and will further witness continuity of credible management, stability, transparency, efficient administration, the building of revenue where we may see breakeven occur in the not too distant future
. We have funds atm to move forward giving FAM, IMO, one more good chance!
Family Insights is a great product. I have children and I definitely choose Family Insights rather than risk eroding my children's trust from other methods. It really is proven other methods don't work - globally. Reviews on other product methods are scary. They show children are
filthy with their own parents!
I wouldn't want that in my family!
View attachment 1420677
I believe in our board and believe in Sean, as he has shown where he has taken control of expenditure effecting some very sizeable savings.
Below is from the 13/07/2018 announcement.
HIGHLIGHTS
• Family Insights signs Affiliate Agreement with SkoolBag, Australia’s leading school communication platform.
• Company successfully relocates its core operations to Brisbane.
• Initial round of reviews delivers
$100k/mth in cost savings, with additional savings to come in the following months.
•
Entitlement Issue and
Shortfall offers close fully subscribed with gross proceeds of
$3.3M.
To witness traits in a leader and management you ask for Hoofa takes time. The revolving doors you speak of have indeed been revolving. Our CEO is still with us and Mathew Walker has joined the board to 'better' our chances of survival. I too feel frustrated and very disappointed to watch my investment erode but have also hung in for that one last throw of the dice and given the benefit of the doubt to our current CEO and his
NEW team due to a glimpse of light I have seen coming from what I've mentioned above.
I'm extremely pro FRUGL and I do hope the acquisition is successful, waiting any news eagerly. I see many ways to turn that business into multiple revenue streams using the same smart strategies similar to the FAM book and of course more hard work and determination. FRUGL is positioned at the forefront of one of the most widely used industries daily - GROCERIES! Every family buys groceries day in day out! FRUGL also has the opportunity to move into many other very widely used industries, such as LIQUOR, PHARMACEUTICALS, FUEL, PET PRODUCTS......the list goes on!
BIG DATA opportunities look very promising with the FRUGL business model and this field is where our CEO and CHAIRMAN excel at.
Take a look at this clip below again.
Also very promising. When the grocery industry revenue streams become successful the others will follow suit!
What I've posted above comes from company research and previous conversations with management, ultimately forming my honest humble opinion on FAM.
Really hope you are proven wrong Hoofa and good news starts to flow very soon.
Happy holding onto FAM!
Jocko.
