Even though the ARR has increased but the costs are also skyrocketing. The cash flow report shows that for June were the LVT spent $7m on staff and rev receipts for the same qrtr
was $7m. so all cash collected is used in paying staff.
sept qtr forecast shows staff cost to be abt $8m. this is only cash payments. the accrued amounts related to staff payments will also continue to increase. question is is this enough or more than enough. wonder how much are the directors getting paid? just don't want this to be another disaster for us investors.![]()
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