Ann: Appendix 4C September Quarterly 2015, page-9

  1. 2,045 Posts.
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    All I see is:

    3.5m cash

    1.7m burn

    270k incoming

    hmmmm.

    Apart from the appointment of more highly credentialed staff (which must come at considerable cost) I see nothing new or exciting here unfortunately.

    Just being honest as a long-term shareholder.

    What we need is revenue, and frankly the inability to commercialise the product over many years is starting to piss me off. It's all good to attract high calibre staff and great independant reviews of the tech (yes, it says a lot for, and validates, the potential of the technology), but at the end of the day it's just potential so far... Anteo continues to lose money at a remarkable rate just as it has for the last 6 years I have been invested......

    But don't worry, christmas is Cumming so some big deals must be announced soon, and the next quarterly will definitely show an increase in revenue.
    Last edited by jak444: 30/10/15
 
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