I was surprised to see debtor ledges being spoken about here too. But how can there be debtors as customers who owe money to KTD to pay for things like dairy milk? This doesn't make sense to me.
Oh and the marketing for KTD's proprietary has eventuated a month ago. I remember seeing billboards and large digital on-screen displays at Woolworths relating to SuperCubes.
There are, however, some glimmers of hope in the report regarding Cash Receipts and the 2nd Factory:
Cash Receipts
"The increase in the product manufacturing and operating costs does not correlate to the increased sales nor the customer receipts in the quarter and importantly, these cash receipts and sales will be received and realised in future quarters"2nd Factory
"The Company expects to continue to scale up production [of key dairy products] to multiple shifts over the short to medium term"
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- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-35
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