Oh boy - May's monthly update is not good. In April,they forecast cash inflows of $543K (excluding the $700k loan boook sale). They got $45K. BUT the April report was done mid May - you think they might have some idea in the middle of the month what they would get - especially with Ansearch!!!.
New forecast shows a 1 month shift of Ansearrch revenue - all delayed by 1 month ie $216k is now Oct rather than Sep!
Also what does the other debtors relate to - if Ansearch is the search engine cash receipts and tyhe water one is shown separately - what does this relate to?
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