Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5

As far as I read it:
1. Increased receipts (basically “purchased” by the acquisition, however also “purchased” the cost). So I don’t find this exciting
2. The outflow is now 1M $ (that is price for higher receipts).
3. Cash for max 2 quarters. When do we expect the next CR?
4. Bizmoloan presented as success means we get quarterly 100,000Ph (2,650AUD). If we have the same 20% increase every quarter, in 5 years (20 quarters) we may reach 100,000 AUD per quarter. Yay? Probably not.

I wonder if PIL team is seriously hoping the PINOY COOP will pick up when its fully released? When?

JT