Net loss expected as there's so much in the pipeline including producing LiveIqs and more IqBuds and Boost. As well as an increase in expenditure on marketing and R&D. Well, ''You have to spend money to make money,'' especially when you're trying to create market share in a new market. Apple are moving in next year, we need to spread as far as we can before this happens, so I don't have a problem with this.
Great news on the revenue front with an increase of 80% year on year for sales. Also mentions that management are looking to divest in mining assets, not because they're performing poorly, but because its not in the core interests of the business. This is positive from management who continue to show that they're all all in with shareholders and have a clear pathway for the business.
The product is selling.
Good luck to all.
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