Ann: June Quarterly Activity and Cashflow Report, page-39

Thanks everybody who doesn't understand value buying... got more MXC today.

Sales acceleration can be observed in customer receipt if you look carefully. Deal with VC with a big delay, but actually now it all makes sense, young business, went way too quick way too fast... but still keen obviously and will show up in a few months max. Makes no sense to sue them, best approach is to help them.

Progress on manufacture, licences...

Now look at the graph. Monthly. Cross roads. Either it's over, either it could drift towards the bottom bollinger band, then that's not 4c that's 2.2C ish. It's not happening IMO.

Interestingly enough, the monthly bollinger band is almost a fail proof support over the past few years.



Has anything changed meaningfully? No. Market overreaction (volume not huge huge anyway) and a few people (managers) will be coming in as soon we get back over 6C. Probably in the next few days.

Happy to have picked up a decent chunk today. Bargains everywhere.