Knew it!
Another S*it Show!
QoQ receipts only up 27% (and off a tiny base too)
QoQ Revenue only up 5%
YUK
Burned another 2.4m that quarter, leaving ONLY 2.4m in the bank... so only 1 quarter of cash left
Oh & that 1 quarter of cash left (i.e. those 3 months) that was as at 31 March, so really only 2 months left
I love how they proclaim to cut costs in every quarterly, but somehow, never manage to actually do it...
I guess paying the management team 1m p.a. is satisfactory for this performance... I dunno... you decide?
CR IMMINENT
YUK YUK YUK
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David DeTata, Managing Director
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