Ann: Trading Halt, page-82

Reading some of the posts on the forum for BUB I have come to the conclusion that most of the posters not only own shares in the company but are still drinking their baby formula. If you read the last Quarterly revenue was $5million which equates to $20million annually, costs for the same period are expected to be around $36million so there is a of $16million cash burn per annum, so it is apparent that they would have to do some capital raisings just cover normal operations, but as we know the company is trying to expand rapidly, so it needs more capital.
The company has only been listed on the ASX for 18 months and it has grown its sales to $20million per annum already which is quite satisfactory. To continue to grow they have cultivated several new outlets for their products and in order to produce the extra product they need to expand production, more money.
This is how new company's grow to become large profitable company's and if you don't realise that you should not be here.
Perhaps some you should go and check how much revenue WHA generated last quarter, $258,000. Oh and what do you know they have just done a capital raising, that is why I am on this thread and not on that one, because I sold WHA because of their dismal sales and bought into BUB, which looked more progressive to me and also their revenue stream was further advanced.