Ka-ching - another Gold Coin in the nearly overflowing jar. And...

Ka-ching - another Gold Coin in the nearly overflowing jar. And now we wait another 3 months for the next 4C. They won't have the old Chinese New Year to blame then will they.

I actually don't read anything to get excited about at all. The language never changes. 4C after 4C. Year after year. So many opportunities. So many agreements. So many resellers. So many 'proof of concepts'. So many IoT labs. So much 'ground-breaking technology'. So many 'bundled products' (let's see if they sell as many of these new bundle products as China Telecom's 10.000 sales people sold). And falling customer receipts.

I mean seriously. All that and the RECEIPTS FROM CUSTOMERS falls from $5.27 million to $2.06 million because they have a few weeks holiday. That's BS.

They have backed themselves into a corner now. The last 3 quarters the Receipts from Customers has gone $5.80m, $5.27m and now $2.06m. Those numbers do not ion any way reflect a business that is growing, and it is certainly no Unicorn.

No Chistmasses or New Years or COVID or alien invasions to blame this quarter.

Fully expecting SP below 3.0 shortly. I was thinking it might make 10 cents by 2024 but might have to review that. Looking more and more like the grandchildren will end up with these, if it survives.