LIFX Acquisition - A few thoughts, page-86

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mickey1979

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01/04/20

19:22

Post #: 43826457
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Originally posted by mnb: ↑

As there has been so much unresearched crap posted here by the usual grubby suspects, I thought I would ask for clarification on one major sticking point here: cash flow break even by year's end. To that end I emailed Dave McLaughlan, and I offer the following email conversation:

Hi Dave
With regard to management maintaining the forecast of cash
flow break even by this year end, could you please clarify as to whether that
forecast is dependent upon the proposed acquisition of the company for which we
have a trading suspension? In other words, would we still be breaking even, cash
flow wise, without the acquisition?
Best regards
****

Hi ****: Thanks very much for your email. Our guidance around reaching cashflow breakeven by the end of the calendar year is not inclusive of the proposed acquisition. Best,Dave

Now, this may disappoint a few naysayers and trolls, which is great, but really, if you want to take a lesson from this, I suggest you follow the advice I overheard someone give a another person years ago:
Children and fools should not criticise something half finished.

Now that's been cleared up, I have many things to do outdoors. All enjoy your day now.

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dear fellow posters,

read this post and you decide who got half a brain and who is the idiot. The golden rule is never argued with an idiot or maybe a joker more sound like it. Hahaha.

BUD Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
3 Upvote

2 Great analysis

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