• Sandstorm's streaming business has proved to be a failure.
  • The company has wasted almost all of the funds raised during initial funding round.
  • Promotional management does not seem to care much about shareholders and no upside is expected for shareholders.

I have owned this company few years back, but luckily sold down with only minor losses. Today, have decided to have a look on how Sandstorm is doing and was surprised at how much worse the business has gotten. The only thing unchanged is kind optimistic words from its promotional management and smiling management pictures at the front pages of every investor communication.