iBuy under pressure, board orders US$216K monthly opex cut - See more at: http://www.digitalnewsasia, page-3

Interesting, If anyone from the board reads hotcopper: 'please abandon your fantasy of a $1billion revenue company. PLEASE!
Instead try to be a conservative, rational one step at a time business. If we reach $1billion then marvelous! if you focus on this target this will be another ABC childcare. Expand at a resonable pace your ambition has already destroyed enough value for us shareholders. 780 staff sounds a little exuberant to me, crawl first, walk later!

Now for the positive, looks to be an aggressive stance taken towards cutting monthly outgoings.

Kris, no one gives a crap about October!