Ann: Appendix 4C - June 2015 Quarterly Report, page-15

  1. 1,774 Posts.
    Strauss, to be honest how much do you really believe the $8 million given that they've only managed to go from a $2.82m revenue run rate to $2.9m in a full quarter. At that growth rate that some 40 periods - 10 years - before they reach that level. Burn rate of $2.6m per quarter and things start to look really ugly to me.

    The argument that all these new 'partnerships' will result in exponential revenue growth as opposed to linear wasn't proven in this quarterly, nothing to indicate with an certainty that's gonna change soon.
    Last edited by trythree: 01/08/15
 
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