Strategies is all good, but if you can not deliver on the sales front, how are you going to pay for those loans?
They had more than 2 years to penetrate the chinese market, but its not working.
If the current brand is not working, my question is how are they so sure the new brands will work?
Have they tested the market by selling some of these brands via imports first?
I have followed WHA for over 2 year now. I was a holder when it was 73 cents and sold when it reached $2.52.
Certainly feel for holders. But there is too much uncertainty for me to re-enter, due the fact that they are mortgaging the whole company on a brand they believe will work, but not market tested.
AIMHO.
WHA Price at posting:
88.5¢ Sentiment: None Disclosure: Not Held