PIL 0.00% 0.8¢ peppermint innovation limited

Ann: Quarterly Report and 4C, page-71

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    The financial reports are publicly available, including details around options conversion and cash at bank, they are also open to interpretation. I suggested they were unsustainable based on two premise. The current operating cash position is negative and revenue growth is not tracking upwards fast enough to reduce the gap before another cash injection is required. If you wish to argue this point I am happy to hear what you have to say that may suggest I am misguided. As it happens this wasn't the point I was trying to make. I was suggesting that trickling along for an extended period probably is not the right approach and increasing expenditure on admin costs might actual reap benefits.
 
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