The reason they are not issuing quarterly guidance is they do not or are not sure how much product they will sell. Complicating that is the fact they dont have a definite timetable for the new products like the drone and hero5. In addition their current lineup sales are falling off the cliff.
He is smart. Sell the company to newbie investors with free money to gamble on the stock market.
If I was Disney I would make up a Disney brand camera and hire Chinese company sub contractor to make it, Better than paying up 1.4 Billion for buyout