CL8 cl8 holdings limited

Everyone calling for the new business need to wake up somewhat....

  1. 2,092 Posts.
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    Everyone calling for the new business need to wake up somewhat.
    Look at Mobilise, we have full time people on this and have spent huge funds on this and it’s making our financials even poorer, we have Mycaravan that has had multiple rebrands and has costed us funds too. Rentoid has also been closed down and funds spent on that platform over the years. Fundx is a waste of $150k (could have bought 3 airport billboards for that money). Peerpass is a questionable investment as no other sharing business has a trust verification platform like this one and we still have no 3rd party clients. The new business will cost us upwards of $500k $to 1m, think about that burden.
    I’m all for the business but at the right time which is after DMC has gone CF+ and Mobilise is bringing in solid revenue.

    Us owners have backed management all the way over the many years as well as additional option funds last year that was supposed to drive the next phase of growth, all we ask for is regular communication and an visible work effort and the SP WILL respond accordingly.
 
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