Absolute disgrace, what happened to Langsfords spin last quarter about Netflix arrival would highlight streaming to consumers and be a boost for Quickflix.
Reduced marketing to a third of what it was Dec quarter and still lost just over 1m.
They weren't even able to stack the ambiguous paying customers statistic and customer churn is now over 10%
Investors can't say they haven't been warned on this forum, for nearly three years the warnings signs have been clearly visible, now all those CRs and loses are coming home to roost, cash left just 900k.
Looks like someone made a profit last quarter, CR costs $280,000 now does that include Langsford bonus?
Who ever is acquiring this dog company surely they can't be paying over $1 considering the liabilities and abysmal performance over past ten years.
Kat.
QFX Price at posting:
0.2¢ Sentiment: Sell Disclosure: Not Held
