This announcement means jack sheet. its just another reseller arrangement. Doesn’t mean anything until they close the deals!
But I think the positive out of today announcements is the finance facility. If it falls through, DM is saying they have build up enough inventory for Oct-Dec qtr. but then we only have $3m in cash, so where is he going to fork out the rest of the cash, out of his ass?
Ann: Partnership with Wattics & Update to Financing Arrangements, page-7
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