THE SCOTSMAN - Apr 20 - Phil Gripton was promoted in December to replace founder Bill Dobbie as Cupid's new CEO. Phil was forced to move quickly to recover ground lost when the company was accused of using fake profiles. Investors were becoming twitchy. From flotation on the Alternative Investment Market in June 2010, shares soared from 60p to 250p by Sep '11. But they have since plunged below 50p and last week traded at 43p. Phil wants the company to focus on a dating market that embraces social events such as wine tasting and cookery sessions.
by Terry Murden
See full article at The Scotsman
See all posts on Cupid plc
| |
