you are spot on Eddie.
Re
30/06/13 13:27
Ds,
Post #: 9477041
1. Proof of concept
2. Feasibility
3. Commercial development
1. 2-5 years
2. 1 year
3. 3-6 months
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My question:
Can the CEO spell out in simple English, in a newsletter or asx news, to say how many are in stage :
1. Proof of concept(and how many more years/months to run)
2. Feasibility
3. Commercial development
No names are required.
Can he do it?
Show me the money.
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Holding Xero, watching Anteo(with caution, re cash-burn) and 5 'promising' specky.
Cash-flow is THE most important item in any company intending to survive or succeed.
Just ask any CFO.
If you don't have regular/reliable revenue (inflow) like Ado, then you watch your cash-burn (outflow) like a hawk.
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