Ann: Appendix 4C - quarterly commentary, page-22

  1. 4,783 Posts.
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    End of story. I have an investment in an accounts receivable automated system. All the bells and whistles. only one problem, no one wants it

    I see $10m pa burn and not even $1m revenue after all these years of operations

    Coming out and saying "oh we're trying a new customer base" is an admission the company has failed. What you now have is another start up here, albeit with oppressive cash burn that probably needs to tap capital inside 3 months to stay alive

    This is ANOTHER one that I have no idea how it listed. How many years later and it can't even turn $1m? There's kids generating more than that from their bedrooms and they aren't valued at $30m, never mind how this lame turkey ever convinced the market it was so sexy it was worth a half a billion

    What a joke

    Shareholders should have known from day one. Its not like revenues fell. They bought blue sky and hope. Cue AfterPay. Not much sympathy for investors in this one sorry
 
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