Quarterly Thoughts

I have been doing some researching.

Results from the quarters of 2016/2017

	Column 1	Column 2
0	Q1	$1.5  mill
1	Q2	$1.7 mill
2	Q3	$0.6 mill
3	Q4	$1.0 mill

Total $4.8 mill.

Remembering this 2016/2017, however,the most significant information released was in the Q3  in which they announced that they already had $4.8 mill orders for  2018.

Results from the quarters of 2017/2018

	Column 1	Column 2
0	Q1	$0.9 mill
1	Q2	$4.8 mill
2	Q3	$0.7 mill
3	Q4	due at the end of this month

Now Q1 and Q2 refer to the second half of 2017. So far in 2018 their receipts are only $0.7 mill. Interestingly the company announced in Q3 they had $8.6 mill in orders for 2018 as of the end of April. They have since signed a commercial deal with Origin energy.

These next 2 quarters should be rippers. Possibly this explains why there has not been a capital raise as they may be cash flow positive.

All my thoughts of course.