Am I an investor? You obviously are new here as I am thoroughly disillusioned by this company's performance and its management who are, BTW, delusional from my many conversations with all of them. I've witnessed this charade of management for over 8 years, am in a slightly negative position and would jump at the chance of extrication. Aside from the incompetence of their sales and marketing and head-in-the-sand leadership from the "mayor", this company is a real winner. Tedious excuses about the economy while failing to offer a strategy to exploit the growing seniors market, the impact of orthopedic replacement surgeries, and the absence of major product innovation after years of excessive R&D----these guys have no ability to grow this company which has languished with similar revenues for almost 5 years together with weak or no earnings. We're OK! yeah, right!
Several years ago they acquired all of their channels in house and failed to figure out how to drive a channel, both by comp and by strategy. It took a 500k consultant to open their eyes to buying vehicles, required by the large healthcare and wellness companies who buy as a group. As yet, they still have not negotiated all the deals so as to reap the benefits of a level playing field. If I'm wrong about THAT, they have been too quiet about trumpeting their success and what it will mean to them.
Then there is the reverse split, touted by one pundit as "often a valued tool". When does a reverse split to raise a price replace good sales, marketing and resultant earnings in effecting the stock price? If you can't qualify for the dance, then go to the movies, i.e. sell out!!! That pundit is full of absolute #$%$!
I'd like to bring better news to this board but the history of Dynatronics precludes this. Kelvy needs to find another job and take Mr. Beardall with him. The markeing guy has probably been busy designing colorful daisies for the equipment coverings. I've seen no marketiing---some decent cumbersome catalogs but no field impact marketing.
GLTA! but I hold out no (or very little)hope for successes I