Which part of my example or statement were baseless rubbish? I hope to get more clarification from you.
In regards to the revenue guidance, I am not questioning whether they can exceed the expectation or not. I am simply pointing out that hitting revenue guidance is meaningless if the expenses are out of whack.
You mentioned cash receipt paint a different story, from what I can see from the statement of cashflow, it went from 9m to 6.8mil in 12 months and payment to suppliers & employees went from 6.6m to about 8m. Not sure we are reading the same report.
No doubt the company still has 13m of cash to operate, but why would you lock 8m into term deposit while you need to get on top of your research & development?
I wonder how much Cisco love Vection tooo, to be honest, there should be a takeover offer by now as the share price is currently screming "Buy me".
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