How long is it going to take?, page-10

As much as we would like an update bear in mind Team Guido have an enormous amount of work ahead of them if they are going to relaunch TAMS to the market. The investment case would need to be very detailed, the strategy outlined with a clear path to profitability along with the announcement of a capable, experienced management team and a CEO with skin in the game. The "strategic review" would look at every aspect of the business and if management are transparent they will detail the profitability or losses of KP Electric, Cable Logic, Comsite and what's left of Tempo i.e. Solar, CBH contracts and the like. Management has comprehensively failed shareholders - $26M in cash at 31/12/2016 to $6M in cash at 31/12/2018. Accept that $10M approx has been spent on acquisitions and capital equipment . We do know that KP Electric was expected to contribute at least $2.4m EBITDA in CY18 and Comsite contributed $560K in NPBT in the 2nd half of CY18. So we should have had some $3M in EBITDA from these 2 acquisitions in CY18. Does this mean if Team Guido simply camp in the KP Electric offices, settle the solar contract issues, continue working with CBH, keep Comsite producing profits we have a profitable company albeit with a substantially reduced cost base ? If Cable Logic is not paying its way then sell it or close it down.