Porkies of the highest calibre rinse and repeat ad nauseum.
Here's what needs to happen for a reversal of long term investor fortunes.
1. People need to STOP telling FURPHIES including posters and the business itself.
Example 1: "profitability by June 30 23". FAILED. Significantly trashed sentiment and credibility. Stil hasn't been achieved IMO DYOR.
Example 2: Capricorn to buy in for 1.8c. What price did they buy in for again? Oh yeah that's right, 1.2, significantly diluting everyone else more than what was voted for. FACT.
Example 3: the FALSIFIED PUMPING STORIES regarding Capricorn and Carpet Court designed to produce FOMO need to stop.
Example 4: the mystical statement "not far off 5m quarters" said like 2-3 years ago now. Previous quarter was $1.9m IMO DYOR.
2. OBVIOUSLY there needs to be consistent decent jumps in cash receipts without costs continually blowing out. Also STOP this crazy dilution ad nauseum, SERIOUSLY......
Last 4c cash receipts increased by $0.1m LOL with cash and cash equivalents dropping by 3.3m leaving 4.8m in freely usable cash as of 30th September.
Pray baby pray that the CFO quitting was not due to the numbers not stacking up once again.
Warmest regards,
PD
SPX Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
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