It was no front page news that this was going to be a bad quarter, not only did the President telegraph it at a recent investor conference, but also, it is not so easy to move equipment from one plant to a new facility and get the new facility operating smoothly. To compound the bad quarter, sentiment is at an all time low given the disastorous decision to seperate the e-commerce and manufacturing businesses, revelations of possible related party transactions, and a massive amount of allegations in the recently settled lawsuit (I noticed in the recent 10Q that another OSHA complaint has been filed). Here are my thoughts to regain investor confidence and fix the business.
Ammo's Bad Quarter - Prescription For Next Steps
Ammo's Bad Quarter - Prescription For Next…
Ammo's Bad Quarter - Prescription For Next Steps
It was no front page news that this was going to be a bad quarter, not only did the President telegraph it at a recent investor conference, but also, it is not so easy to move equipment from one plant to a new facility and get the new facility operating smoothly. To compound the bad quarter, sentiment is at an all time low given the disastorous decision to seperate the e-commerce and manufacturing businesses, revelations of possible related party transactions, and a massive amount of allegations in the recently settled lawsuit (I noticed in the recent 10Q that another OSHA complaint has been filed). Here are my thoughts to regain investor confidence and fix the business.