As I was stating prior to quarterly release.. This should raise a big red flag.. Why?
Well firstly this quarterly has 250k more expenses than last quarter for 20k more revenue.
Now, you may say but that's just installation cost so its not a problem, 11months per site to pay back expenses..
However notice that staffing increased by 40k also.. That's double the revenue earnt.
It seems that wifi venture may be a dud but its too early to say IMO... If this doesn't get better next quarterly I would be very very worried if I was a holder.
GCN Price at posting:
1.3¢ Sentiment: Sell Disclosure: Not Held
