Ann: Connected IO revenue grows with accelerated outlook for 2018, page-9

Yep read the announcement carefully. It is deceptive in my opinion. Where is the apparent accelerated growth?

Look at the graph! It changes the metrics for this quarter! It includes cash receipts and accrued revenue together for this quarter's column and only cash receipts for previous quarters.

The reality is that cash receipts and revenue are flat QoQ. Look at the actual numbers not the way they present them. There has been no growth and they are continuing to lose money.

Credit raising or further debt to happen any week now IMO.

Remember they are already $1.3m in debt as of last quarter.

I find these announcements to be misleading and fluffy.

I got out after the suspension and this just confirms that I will be staying well clear.