Hi guys, I’m new to this. Just a quick question, the invoicing of the 3rd quarter is 943k whereas the 4th quarter is only 273k. Last quarterly said that 861k will be collected in october whereas this one says 181k will be collected in January.
Assuming this quarterly cash receipts is at 953k, I would assume that it includes the 861k receivables from October as stated on the previous quarterly. Does this mean that the next quarterly will be much lower in cash receipts as only 181k will be collected in January? Even if the market is down today, maybe that also explain the big drop today?
don’t get me wrong, I’m in this long term, really like the prospect of this company. Just a bit of opinion towards this cash receipts will be beneficial to all of us
Ann: Quarterly Activities Report and Appendix 4C - quarterly, page-9
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