Name change from Engage:BDR (BD1) to ColorTV (CTV)
I'm confused as to how this company can stay trading solvent for so long and can still find capital to survive despite the decline in income. While at the same time destroying shareholder wealth.
Ted Dhanik was founder of Myspace before heading up BD1 now CTV. And drives a Bugatti Veyron!
Right now, I'm still trying to understand the core business of the company and the tricks they have employed to keep trading and listed on the ASX.
Would be great if anyone here can share research/views on how Engage BDR/CTV manages to keep trading.