This prelim financial report is concerning and as @@msj8777 has...

This prelim financial report is concerning and as @@msj8777 has highlighted, their cash burn is significant.

Part 13 - Inventory (Camera's & Tripods).
Would any of the LT holders here hazard a guess to the cost of one of these cameras, so a camera quantity can be determined for clients usage?

Part 22 - Audit/Review Status
A very concerning statement regarding the independent Audit will likely refer to the material uncertainty related to going concern.
It indicates that all 3 points would need to be met to continue as a going concern.




Not trying to be a down ramper here. I've been looking to buy in but the news these past 6 months has not looked good.
The last CR everyone was expecting which missed the SP spike in April did not look good.
Outgoings seems excessive per qtr.
The R&D costs from the previous Qtr raised doubts in my mind as this has been going since 2016 i think (please correct me if I'm wrong).

Hopefully they can get through this and it takes off on the east coast.
GLTAH