crikey, it's like World Championship Wrestling: y'know the tag...

crikey, it's like World Championship Wrestling: y'know the tag teams, where one jumps out and the other one jumps in. anyway.....

I'll respond on point of facts and leave the emotional stuff alone:

• we seem only to have textiles/bedding customers despite all last year's announcements...nope I see that they have stated there are new customers but they just don't make a big fuss like NC did.....fantastic/bonus!
• we have been told that the reason for stagnant revenue growth is the shift from low margin to high margin business and we have no real idea how much more of such low margin business is left to be eased out of....nope they announced in the first webcast the culling of low margin was over.
• We had directors who felt Ok about paying themselves a substantial portion of last years revenue without apparent regard to the problems and the business implications....yeah they got a bit too much but it's been pared back they responded to criticism, good on them.
• we have accumulated losses of $60 million....surprise...it's a new technology company moving into commercialisation, but you know that
• we had an auditors report that raises question marks over "a going concern".....wish I had a dollar for every time I read that exact copperplate clause in an auditors account, it protects them if shyte really happens, it's only true if all their customers leave and they don't sell Jack Shyte..if you think that's possible why are you invested?
• we are still waiting for a decision on the military. Yes I know the business has explained it and I too have posted with excuses in previous posts but the business should not have been announcing as if it were a done deal, in the same way as other "done deals were announced and are still to appear.....so what, they are in the final stages it just took a bit longer, this will all become dust in history if/when they get the gong, such is the importance/magnitude of a military contract
• We've been waiting for the right moment to list on NASDAQ or NYSE for so long that its laughable in much the same way as we seem to be struggling to find an Australian Director (9 months to date - and that is an ASX requirement)....just like you "change your opinion due to new information" they will list subject to changing financial environment and geopolitics...maybe you should study up on International Taxation Law? I've always found with markets, expect the unexpected.

back to patting the cat.