Webinar Questions, page-80

Yes I have.

These guys have 22 million in the bank. they are spending on staff costs at a rate of $8million plus per year and are generating roughly $1million per year from customers on current running rate.

For the year revenue from customers was $1.584 million-- So the running rate from customer revenue is below average quarterly revenue: let me translate---they have gone backwards in last quarter.

A growing business increases revenue quarter on quarter- ever heard that analysis???

Something seriously wrong here and it is not explained in management garbage accompanying 4C.