6.2c ...., page-4

very wrong hal2000,

Go and check each cashflow statement.

IDC has exceeded pretty much all their estimated cash outflow each quarter.

e.g. The estimate cash outflow was supposed to be 7.8m. When the next cashflow statement it came to be over 10m.

There is a pattern here if you look over the last year.



The last time you said it would be "significantly" lower resulted in the most recent cashflow exceeding 30% estimates.


IDC will be burning estimated 7m Q1 2013 (so they say) which means a big portion if not all the money raised in the recent capital raising will be finished by the end of march.
It is now close to May.


My views are backed based on past performance while yours is based on your opinion.