Your right that they are not making a profit but I think at this end of the market revenue is the big thing and people want to see more revenue, consistent growth and costs under control, I reckon this will be shown fully in this quarters results.
Regarding funding they have $2 million in a facility to draw on as needed, nearly $4 million in option money if converted (2 cent conversion due April 17) and this quarter we are expecting very impressive uber growth, license and development fees from our DMC platform, $170k in r and d refund and the next two quarters are the biggest with seasonal demand turning on the heat.
I reckon they have this lined up nicely, deals being signed, demand and supply being grown in unison, exciting mobilise launch and no doubt a few tricks up their sleeves.
Option conversion will start once we are over 3 cents I guess and that will be massive for the company.
There is movement at the station! Have a great long weekend everyone. Cheers
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