I think that the sales figures from the AGM are correct
They reflects the impact of full Walmart rollout, Safeway , plus 7-11 rolling out and HEB coming online and who knows which other stores/chains (Kroger, Walgreens). I doubt very much that the numbers in the AGM presentation would be wrong, and if so, would have been corrected by now.
Loxton did say he hoped to be cash flow positive before year end. I don't think anyone believed that would be possible and the share price certainly doesn't price that in!
The next quarterly is shaping up to be an absolute cracker.
I really, really wish that management would inform the market better about significant new contracts or trials like the 1500 store 7-11 rollout (or is this actually a national rollout as suggested in the AGM presentation slide?). I don't think its acceptable that they haven't announced it when it is already happening...
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Ann: AGM Presentation, page-77
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