What this quarterly shows is that revenue is down$134k from the previous quarter. Manufacturing costs are down $392k, drones are gone, repeat gone.
Talk to Geoffrey are propping them up, the question is why and what for?
Even with Geoffrey's latest tip in the next quarter's expenses are not covered.
This power station/coin mining operation is pie in the sky stuff.
Any company getting GST refunds is spending a lot more than it's generating, not sustainable, #insolvent
IMHO
Cheers
- Forums
- ASX - By Stock
- IOT
- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-7
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)