BUD 0.00% 0.6¢ buddy technologies ltd

Ann: Pause in Trading, page-33

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  1. 7,212 Posts.
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    It can't be it's just paper money.

    Until they get money on time or in bank you burn.

    This is the problem the 8.3 million is with receipts but the actual cash wasn't 8.3m.

    Do you see the problem.

    This why the debt financing is needed to cover cost until you recieve that money which could be 6 months away.

    I have no doubt he will be confident on that 3.8m qtr for the big order which will hit in 6 months lol.

    Such a silly way of running a business.

    I bet MA changes his business model for his scooters because he knows it sucks.


 
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