One benefit to come out of an incomplete takeover is that we get to see separate financials a little longer. something that FFT is not keen on doing based on its last annual report.
Comparing the 2016 and 2017 Annual reports one will notice that the section called "Segment Information" received a makeover from one year to the next.
2016 2017
we see a big drop in transparency as to where sales are coming from......................this shut down of transparent reporting is very disappointing considering it gave us a geographical look through to regional sales.
The segment reporting allowed us to see what sales coming out of MENA (middle east north africa) where our fan fare recruits have been based.
As the financials transparency begins to disappear with segment information diminishing, MSP's eventual demise of its 4C, I am going to enjoy reading every remaining MSP 4C before it eventually is consumed whole.
Just for the record........ on November 24 I had posted rough guesstimates for cash balances....... i repeat them again to see if I'm anywhere near the mark or if mud needs to be slung at me.
MSP Cash $1.8 millin
FFT Cash $5.5 Million
Combined $7.3 Million
Assumptions for current quarter
MSP Cash burn $800k
FFT Cash burn $500K
Balance Jan 1 $6 million
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