hey mate,
I don't think you know how a start-up business operates. CL8 is still quite young therefore its revenue can't quite meet its ongoing expenses (wages etc. - would you work for free? I wouldn't think so).
But as you can see from the report these expenses have been cut by 30% whilst revenue has grown by 50% and we're not even that well known yet! imagine the growth after our marketing campaign is underway. As you can now probably surmise, at this rate it won't be long before CL8 is generating positive numbers.
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- Ann: Annual Report to shareholders and Preliminary Final Report
Ann: Annual Report to shareholders and Preliminary Final Report, page-3
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