2018 Revenue forecasts, page-75

@writer

“Ted Dhanik has done everything he said he would do since listing“

Actually not true ...

He said he wouldn’t raise under 20c, only to conduct a highly destructive placement and SPP at 16c months later

He doesn’t control the SP, but he sure has done nothing to stem the destruction

The market knows he was roadshowing with Bells. You read the 4C, it looks like they will need another CR already !

Management here live in la la land, this isn’t a FB behemoth. They don’t realise a healthy SP is the lifeblood of these stocks when you are still reliant on external capital

Rather than post all the junk they do on twitter, and puff presentations, how hard is a 1 page update stating:-

- quarterly revenues to date are $2-3M
- unused loan facility of $6M available
- No CR planned

Nope, just deafining silence in the face of 20c to 6.3c SP whalloping