Share
41 Posts.
lightbulb Created with Sketch. 19
clock Created with Sketch.
22/05/15
16:19
Share
Originally posted by Jasonkelly2156
↑
I've emailed wuxian dew to frustration asking if they could explain what all the revenue is getting spent on , what is their game plan for the escrowed shares and who owns the escrow shares and at what price they were purchased at .
I said that share holders have kinda been kept in the dark with these particulars and if they could elaborate more on these issues then there would be a lot more confidence in the stock from share holders point of view ,, basically are the CEOs getting paid millions while the share holders are suffering .
I also mention that the sentiment has been quite bad amongst the Internet forums considering Ross benson was quite involved in TUP and that share price had currently crashed and it's a very similar company .
They have huge revenue but huge expenditure and most of us would love to know why and the whole game plan , and if this was explained there would be a lot more confidence .
I emailed last night still awaiting a reply if I get one lol I may sound silly but I'm down about 40 percent so I would like to get some answers and probably like the rest of us that aren't stock brokers or financial institutions, for us every day blokes just having a flutter on the share market they have to put things in lamens terms and get us to understand that we are not just part of a big scam
Expand
I wouldnt say they have 'SPENT' the money, that's cash flow was due to increased working capital, there is nothing you can do unless you change the operating model where you stop prepay for the loyalty point or stop expanding so fast