As you have rightly pointed out, there is clear disconnect between what management claims as their uniqueness vis-à-vis what P&L says and hence what market believes. I have checked with my few interior designer/architect friends and they have not heard of this company, which is bit surprising. If their lights are indeed so unique, world should be running after them or at least should be aware of them.
Secondly if you visit their company website, it is made in WordPress ! It is so poorly designed and many sections like Äbout Us" “Our Clients” and “contact us” do not work. Only investors section seems to be populated. See the link below
https://www.focuslightingandfixtures.com/
A company claiming to be so innovative and wants to attract more customers to itself is having such a poor front end to the world. I am aware that they have separate website for pluslight tech but neither one can visit that website from main company website nor that website shows any connection to main company. Sounds fishy, isn’t it?
In recent concall, I had raised this question to Mr. Sheth about why the company website feels like “work in progress” but he brushed aside my question saying as company is evolving the website would be like this…
Disclosure - Invested but started feeling nervous. May exit in near future
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