DMC 0.00% 30.0¢ design milk co limited

Net operating cashflow was negative $705,000. ie. burning...

  1. 80 Posts.
    Net operating cashflow was negative $705,000. ie. burning approximately quarter of a million dollars a month.
    This cash burn was funded by issuing more shares and new loans.
    This is presumably all part of the business plan in transition from product supply to embedded networks.
    It would be useful to have guidance on the anticipated time to cash surplus following a conservative trajectory.
    It would have been nice to maintain some of the product sales business at least until the embedded networks revenue gathered steam.
 
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