We have already begun to benefit from this global expansion, with quarterly revenues increasing 92 percent quarter on quarter in the third quarter of financial year 2017
I can confirm that the above statement from the company was misleading, badly worded, whatever you want to call it. The 92% was supposed to represent the AVERAGE of the following:
* Percent increase in revenues from 2017 fin year Qtr 1 to Q2
* Percent increase in revenues from 2017 fin year Qtr 2 to Q3
Can possibly still work out a rough estimate but it is lower then the $14mill+ figure that we'd calculated on the misrepresentation.
Ann: Key Organisational Changes showcasing Alexium's Growth., page-120
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