DMC design milk co limited

impending quarterly result , page-14

  1. 1,897 Posts.
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    bolenger

    The only reason we didn't run out of cash is because the business is not really growing with only one site connected in the quarter.

    What is most concerning is that the current contracts that are generating revenue are making a profit which is virtually insignificant.


    My question is why is this management any different to previous management. Both had contracts that didn't make the business a profit.

    It's any wonder Bob Gestro packed up and left. He's got over 100 million shares that are worthless.


    As far as the business self funding itself and making a profit by December. It appears impossible unless a miracle occurs !

 
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