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Ann: $1m Placement To Strategic US Investor Completed, page-18

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  1. 7,639 Posts.
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    I think that you will find that the SP is directly related to the overall performance of the company which is directly related to the performance of the product they are trying to sell! How many “stand alone” sales have there been in the last x years? The vast majority of sales are piggy backed on to a “deal” Look at the Dell deal.

    Years ago, they announce the first sale of $100k, the cash never showed up!

    Ask where the “$500k” from sales that did not show up is! The debt was buried in the books
    KNM, from memory, claimed to have “influential people” looking in to it!

    Research the total losses of this company, they did a bit of nice accounting to reduce the losses, in my opinion to make it look better!


    And they only have one product!

 
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