I said over a year ago, I wouldn't add to my holding until they...

I said over a year ago, I wouldn't add to my holding until they hit at least 1000 a month. They are yet to do that and I faced reality at $0.14 having purchased for around $0.90 after the US approval.

The first thing that is obvious from the numbers below is the "stocking order" from Aust distributor has not translated to revenue. They continue to burn $5-$6mpq. By April next year they will be broke again.

Another great idea wrecked on the rocks of poor (in this case, tragically poor) execution.

Have the names of the board tattooed on your foreheads so you don't make the same mistake again.

GLTA

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8
0	AXP	Q1 - CY17	Q2	Q3	Q4	Q1 - CY18	Q2	Q3
1	Aust Units	83	121	93	123	98	117	254
2	USA Units	38	176	366	570	577	650	650
3	Reported Net Rev $m	0.257	0.701	1.177	1.789	1.8	2	2.1
4	Receipts from customers	$ 175,000	$ 391,000	$   909,000	$  1,370,000	$  1,903,000	$  2,338,000	$ 2,327,000
5	Receipts per unit sold	$   1,446	$   1,316	$ 1,980	$   1,977	$   2,819	$   3,048	$ 3,034
6	Staff Costs $m	$   3.509	4.183	$ 4.554	$   4.379	$   5.292	$   4.827	$ 3.954
7	Staff Costs per unit	$ 29,000	$ 14,084	$ 9,922	$   6,319	$   7,840	$   6,293	$ 6,293
8	Cash End of Qtr	$ 11.892	$   2.215	$ 9.875	$ 4.16	$ 1.18	$ 1.00	$ 14.32
9	Share price	$ 1.20	$ 0.65	$   0.70	$ 0.70	$ 0.14	$ 0.10	$    0.07
10	Treasury Investments Held $US m	$   24.95	$   24.90	$ 20.90	$   18.40	$   12.40	$ 5.50	$    -