Seriously?
Open up Quarterly;
Skim through vague wording and nothing tangible - Same as every other quarterly or update "setting up for X and Y always delivers" as they actually don't have established strategic distributors (the bread in america is good but that is about it) and that has its cap on revenue....
Just scroll down to cash in, cash out, cash left (no improvement in my mind) and i am done. Value it as just above a shell
What else do you expect?
I'm waiting for any actual change in management AND product development so i still linger around.. as they could scale this... the CFO needs to go, the CEO needs to become the exec chairman and step out of the CEO role... no brainer by now... actually Rajen is a great guy but by now some people are built to do certain jobs as he is perfectly positioned for the exec chairman role major shareholder and let someone else run it.
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- Ann: Appendix 4C Quarterly Cashflow Report and Commentary
Ann: Appendix 4C Quarterly Cashflow Report and Commentary, page-18
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