Sounds like good advice.
From my own perspective, it is very hard and expensive for a company to go public and comply with all the regulations. Bany seems to have done that to a degree! (I would much rather they be on NASDAC). Also it is very hard to show actual sales, as most ideas are pie in the sky and never produce income! Anyi seems to be at least showing sales. There is no question in my mind that ANYI may or may not fly depending on how management executes the complete plan. Of course Bany is now tied to ANYI's success or failure. For some reason, I believe ANYI will fly and this is my reasoning,
The hard part is done, that is the taking of an idea and turning it into a business and cutting the red tape. On the negative side, their timing sucks. The whole first half of the year, internets went wild. Now, ANYI hits the market just prior to what may very well be a major market correction! Timing is everything!
Anyway, I would like to see Bany branch out into some sort of going business besides computer cases and ANYI. To date, I still haven't found one of their cases anywhere that I shop! Sure they now own 26 percent of ANYI, but I would like to see them take some of the new money and invest in some other business with on-going revenues. This would serve to hedge their bet in case ANYI doesn't make it. Right now, IMO, if ANYI fails, Bany might also.
What do you think? |
