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01/11/17
09:12
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Originally posted by Arkie
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An Activities report would be nice however not expected by us LT holders.
No Isity figures are apparent in this quarter. Although included in the forecast of $720k outflow. Not even staff remuneration as they have a few.
1 Estimated cash outflows for the next quarter are expected to increase compared to historical actuals as a consequence of the completion of the Isity Global Pte Limited (“Isity”) acquisition as announced on 24 July 2017. The increased expenditure is expected to be supported by the revenue streams of Isity.
On a positive, they continue to manage their limited cash well.
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Perhaps I'm wrong, but:
But wasn't that the case last quarter? That Isity would be included in this 4c with like $1.5 mill projected out to show this time?
Has the Company not progressed anything with Isity? No rev, no staff, no raising, donuts?
If that's the case, no wonder they don't say anything about anything.
I'm too lazy to go check atm...