HYD 0.00% 1.4¢ hydrix limited

Ann: Appendix 4C - quarterly, page-3

  1. 326 Posts.
    lightbulb Created with Sketch. 25
    Yes rivero, not much happening here folks : "As with any unique and cutting-edge technology like PSY’s, securing initial customers can be subject to extensive evaluation and discussions as customers satisfy themselves as to the technology’s performance and the risk and return on investment." Read: Be patient (again) shareholders (long time sufferers) as something might happen sometime but we haven't a clue when. In the mean time get ready to put your hand in your pocket to help us sustain the lifestyle we are accustomed to:
    "The Board is aware that the Company’s current cash reserves are limited relative to the Company’s currentoperating expenses. The Company continues to take steps to improve its cash flow position, and in particular is in the process of developing a capital raising strategy, the details of which will be announced to the market once the strategy is finalised." Someone previously mentioned a duck...did they mean a dog?
    I know it is very negative but what is there to be positive about?
 
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