No revenue over 3 years, accumulated loss of $1.38mil over 3 years which could be attributed to $1.09mil worth of "administration expenses" over the 3 years.
So extremely high admin costs for a "start-up" with no revenue stream and they've paid $6mil for this business?
Where is this LiveOffer anyway? I can't see it on any app store - Has it ever existed or has PCI just sold the dream?
Ann: Presentation Re-Admission CQA, page-10
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