CFO 0.00% 0.2¢ cfoam limited

Ann: CFOAM December quarterly activites report, page-17

  1. 1,312 Posts.
    lightbulb Created with Sketch. 29
    So production is running at less than 5k cubic foot per year, dropped from last quarter, how can they continue to use the same excuse quarter after quarter,
    This time last year they were using the magic word debottleknecking time and again,.
    Now they are using the quality excuse time and again,

    And sales was just 1119 cubic foot, that is 4476 on a yearly basis, this is pathetic for a company that has been operating for 18 months and the parent company (read string puller) has been operating for many years.

    Navy contract is still a carrot that never gets any closer even though it was promised in Dec.
    Touchstone get majority of production at mates rates, and they have no production costs, loss by the way increased a lot and CFO pay rent as well.

    The great hope in Alain's main accomplishment so far has been to get 3 mill free shares.

    What a joke this lot are, and the chief string puller appears to be our mate Toby. He will be there no doubt again at this con call answering questions when Alain stutters.

    The disgraceful performance continues.

    Wonder if later in the year a new jockey is hired to reset the excuse book again.
 
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