Latest results show we are heading in the right direction. Nice uptick in revenues, while keeping costs in check . Price action showing some upside momentum too.
Reloading for another assault on that overhead resistance.
Overview of the highlights of the quarter were:
• 174% increase in cash receipts for the period; Q3 cash receipts $406,000 vs $148,000 in Q2
• Significant increase in lead generation activities and demonstrations to key prospective customers
• Good discipline on operating expenditure
• Successful completion of acquisition of data classification IP from, and alliance with, dataglobal GmbH Quarter Two Financial Highlights
Cheers,
Ann: Appendix 4C and Business Update, page-2
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