Forum Topics VR1 VR1 Future

Pinned straw:

Added 4 weeks ago

Looks like change is on the way. Hopefully focus and direction. Following CEO meeting i had to agree with the comments and fears about being everything to everyone.

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Hold IRL & SM

Clio
Added 4 weeks ago

@Summer12 - I felt the same way after the meeting. If I hadn't already taken a position, I probably would have held off.

One thing I've noted is that many small cap companies, often especially the founder-led ones, tend to wallow for a time, not quite directionless but almost as if casting around for the path forward, before getting in new board or management that forces a streamlining and focusing on the business. THEN they start to move forward more steadily.

Re VR1, I can't recall off the top of my head if they've had new blood brought in, but regardless, it'll be of interest to see what they're proposing!

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Summer12
Added 4 weeks ago

If i remember correctly, a recent appointment to the board was former Worldwide president of Apple, Marco Landi. I am excited, they have revenue and a lot to offer. Interested to see what the future holds @Clio 

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