And now we have the figures for monthly recurring revenues:
Very crudely deriving/equating quarterly customer receipts from quarterly revenue we get: $119,970 + $132,718 + $145,564 = $398,153 $398,153 potential cash receipts from customers for the March quarter?
Let's (perhaps wrongly?) assume cash outflow isn't underestimated for this quarter?
$398,153 potential inflow MINUS $1,540,000 potential outflow (likely underestimated) EQUALS $1,141,847 potential outflow (likely to be more, IMO) for the March 2020 quarter
Cash at the end of December quarter was: $3,837,112... Doesn't look too bad... But... Note that APV had a capital raising was when cash levels were last reported as $3,025,412...
So, we have, potential cash outflows of $1,141,847 for the March quarter? Cash levels at the end of the December quarter being $3,837,112? A potential cash level at the end of the March 2020 quarter being... $2,695,265 $2,695,265 = [$3,837,112 - $1,141,847 (cash flow for this quarter is likely to be larger, IMO)]
$2,695,265 potential cash at the end of this quarter is less than the last time they had a capital raising? Hmm, not great? Ah, what else do we have? APV force-feeding the market marketing material to talk up their figures? Hmm, I wonder why.?
I don't know about the forum, but I will not be surprised to see another capital raising soon.
IMO, a capital raising is coming, soon. In the next few months? Beware a possible pump?
