sorry that was probably my bad.. was commenting on the back of SKN’s quarterly and that delusional heart over there saying SKN will take over HCT soon. They are paying 15% interest on a debt facility up to $10m paid from sales within 12 months.... anyone who actually knows how to run a business at that level (I bloody have) knows that deal is terrible especially off a revenue base of $32k. In addition they have a massive overhang of options. They are coming off 1c so it’s fantastic upside from where they were people just need to take that as a win and stop going crazy.
Ann: Appendix 4C Quarterly Cashflow Report and Commentary, page-239
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