Ann: 2017 Preliminary Financial Results, page-168

Hi to all interested in BUB

I read that most people are concerned with the loss BUB has reported. Do note that the loss is mostly contributed by one off transaction as mentioned in the ANN. But what I see is a big opportunity , a not to miss, with 4.1% increase in Revenue,91% improvement in cash cycle and 255% increase in Cash balance. This signals a bright future. This provides us a similar opportunity as A2M in early days. Tomorrow and future will be an interesting one.

	Column 1	Column 2	Column 3	Column 4
0		Days	Days	% improvement
1		2016	2017
2	Inventory Turnover in Days	320	115	64%
3	Accounts Receivables Turnover in Days	75	127	-69%
4	Accounts Payable Turnover in Days	193	223	-16%
5
6	Cash Conversion Cycle	202	19	91%
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8	The cash cycle measures the amount of days between paying the vendor for the inventory and when the retailer actually receives the cash from the customer..As with most cash flow calculations, smaller or shorter calculations are almost always good. A small conversion cycle means that a company's money is tied up in inventory for less time. In other words, a company with a small conversion cycle can buy inventory, sell it, and receive cash from customers in less time.
9
10	BUB Reported Cash Balance	$2,081,606	$5,306,746	255%
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12	Prepared by: KINGZ
13	Please DYOR

To the white gold.
Kingz.