Ann: Appendix 4C - Quarterly Cashflow with commentary, page-6

Yes, I certainly didn't take into account the $408K one time prepayment when looking at their September 2018 4C (as it clearly wasn't even mentioned when management was spruiking the 60% growth).

There is no doubt that they are increasing revenues, and it should start to ramp up quickly through the next few quarters - but I don't like the lack of transparency about the one off prepayment in the September 4C (and yet they were quick to exclude it in the December 2018 4C).

IMO, management can't have it both ways.

Still think that SCT will do really well from these SP levels going forward, but that's one black mark in my book (as clearly we make investment decisions based on the information and numbers within the 4C's).