So costs are 270k a quarter to keep the doors open? What else...

So costs are 270k a quarter to keep the doors open? What else can they lean down on? Part of that being increased registry and regulatory advice in regards to distribution that won't be reoccurring?. Research and development - can some be claimed back and how much more are we committed to going forward?

We should have income of 25k a quarter in interest? Good news is it falls straight to bottom line with no tax due to losses!!! Phew
We have 2.57 mill in cash and they have none on any term deposit to get us extra % interest? See above we may only get 19 grand. arghhhhhh!!!!

Gravy train on track and a waiting game for a suitable opportunity

Will they let this run past June 30 and have to do a annual report and tell us where we are at? Be like a marketing document for a totally clean cash box pretty much. There might be some pressure to have action about or before then but when there is $ sitting around


shares 324,723,621
Mk cap $ 3571960 1.1 cps
cash $2574000
cash back / share 0.7927 cps

Value in company $500- $800k for value of clean shell with 500 shareholders and ready made register ? 0.154 to 0.246 cps
Tax losses ??? Big unknown

What else do we still own...... trail commission on possible success of platform , results of current trial, patents?
Can't value those very easily and costing us $200k for the opportunity in the future in patent overheads.