New CM8 Video on YouTube, page-4

q - another classic post from you that misrepresents information.

Of course an analyst is going to talk about risks. It would be misleading to not assess it, but your summary is not what he said.

He said:
- risks are about cashflow (obviously!) especially if revenues decrease
- said the telcos pay after 6 months (not once every six months) - ie they make a payment EVERY month, but it relates to the revenue generated six month prior, so working capital requirements mean money is tied up
- said he isn't really concerned about it because mobile use is increasing
- did not mention strain on expansion after debt repayments as a risk (in fact he earlier said it was good that they would be repaying principal of the debt as this would reduce risk)

He also emphasised how hard it would be for someone to build what CM8 had built and that the market didn't seem to appreciate that.

If you are going to summarise something, could you at least be accurate in what you say? Is that too much to ask?

Regards
Marv

DISCLOSURE: I hold plenty of CM8