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0.7¢ scout security limited

Great to see our resident downramper has returned. I somewhat...

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deepvalue79

58 Posts.

02/05/20

07:48

Post #: 44392720
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Originally posted by sydneyguy: ↑

21st April 2020 - Scout gains approval for Forgivable Loan under the US cares act

Now we know that the program was intended for wages / salaries (70%) and 30% for paying bills for small businesses in need in USA

And lets not forget there is the AUS cashflow boost credit of 100K for PAYE that will be coming, mmmm yum yum

So 21 April salaried insider starts buying shares, noooooice

It been quite a month for Scout Insiders, lots of funds to pay their wages and fees.

last qtr it cash payments bolstered by one off development fees

then boosted by more prepayments at beginning of this QTR via effective sale of future revenue stream and lower cashflow because of discounts,
cashflow boost which will come via OZ taxpayers, assuming 100K via PAYE credits
and cash this qtr from USA taxpayers.

Cash and profits from growing sales, yeah nahhh

business going nowhere and shareholders getting zip, but the cash for wages and salaries held together by a USA and OZ taxpayer JV......

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Great to see our resident downramper has returned. I somewhat agree with you though, this company really needs to start producing actual results.

SCT Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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