Ann: Completion of $30m Institutional Placement, page-94

If you followed the model it would be months away - but that's not really what the model does.

Remember it uses past data to predict the future expected values. Because it uses past data, it lags (as long as the growth rates continue to accelerate). This is the models purpose, to evaluate results against a continuing rate of acceleration of revenues.

Having said that, looking at the base projected values, the continuing uptrend and taking into account seasonality of revenues, I'd say December will definitely be a $6m+ revenue month.

This snip shows up to October, with a minimal value of $5.1m (stated over $5m) being out in for October as a placeholder until the actual number comes through.

September was a massive monthly jump to pass $5m. And the top of the scale ($6m) look a a long way up. But as I stated above, December has a strong seasonal history of being above the trend (by $300k).






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