Fitbug Still Weak

Fitbug Holdings FITB  Despite a disastrous 2015 Fitbug is still surviving with the aid of small loans for working capital and the energetic activities of its new CEO who recognises that the company had failed to deliver. Revenue in 2015 almost halved and losses soared from £3,761,000 to £6,303,000. First quarter sales in 2016 have […]

Quoted Micro 4 January 2016

ISDX LED lighting supplier Gowin New Energy Group (GWIN) says that its former manufacturing partner Yichia Optoelectronics has ceased trading. Yichia has had financial difficulties for more than one year and Gowin has been outsourcing production to other companies in China. The agreement has been terminated. Because of the connection of the two companies via […]