New contract revenues to start flowing shortly and R&D payment due in this coming quarter.
From the fine print in the 4C:
8.6.1 Does the entity expect that it will continue to have the current level of net operating
cash flows for the time being and, if not, why not?
Answer: No. The Company has achieved substantial recent success in developing a strong
sales pipeline with a number of new software sales opportunities progressed in
India, South America, Middle East, Indonesia and Malaysia. Consequently, we
expect a significantly higher level of revenue receivables to be received in cash
during the coming quarter.
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- Ann: ATV Quarterly Activities Report and Appendix 4C Sep-23
Ann: ATV Quarterly Activities Report and Appendix 4C Sep-23, page-4
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