"Take a Closer Look", page-1043

For a guy who feels entitled to give his opinion on the relative intelligence or stupidity of others investment choices i thought better of of you.

"I think you guys are just stabbing in the dark here. There's a difference of $1.6 between sales and revenue as it is(9 months to date)"

Now sales and revenue are different things? Seriously?

"No one knows how much credit will be payed up come 30th June and what terms are currently in the books"

Terms are 30 days per annual reports - any amounts not collected from previous quarter sales will be "bad or doubtful debts". There is no history of this, so why would we believe that receivables will not be collected? Furthermore, there is a reliable pattern of receivables collections so it is possible to forecast cash collections relative to current quarter revenue.

"The company just needs $5,374,000 to make $21m"

The company has done $17,050,000 in revenue to 30th March 2017, and requires only $3,950,000 to get to $21M.

"Current receipts are around $6.5m a quarter which includes RnD, depends when they come, which is unknown"

This is far from accurate.

Q1 FY17: $4859K
Q2 FY17: $4169K
Q3 FY17: $6599K

These amounts do NOT include R&D rebates.

"There's nothing too stable in the numbers to predict imo"

Except for the reliable relationship between the carry in receivables balance, current quarter revenue, and current quarter cash collections.