Ann: Convertible Note Raising of $100,000, page-11

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davroz1865

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24/03/25

09:28

Post #: 78384310
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Originally posted by writer: ↑

Understand your frustration, Davroz, but saying there seem to be "no customers big or small' is simply not true.

The Group recorded Cash Receipts of $672K in the December quarter (37% higher than Q2 FY24) and revenue of $689k (32% higher than Q2 FY24).

Cash Receipts 6 months YTD $1.2M

No argument from anybody that it's not enough but it's a start...or continuation...

Low hanging fruit, foot in the door, who knows? Fact is, product is going out to customers and is being paid for.

We wait.

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Sorry, I should have clarified ‘new’ customers. HTG has long-standing customers like Fugro, but we have heard of no new adopters for a long time, other than that strange guerrilla mob. So I am assuming the bulk of revenue is still coming from customers from the old PG days, and Ilario is yet to deliver.

HTG Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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