Ann: Flexiroam confirms growth and cash flow positive trajectory, page-15

Cashflow positive is a “necessity” , otherwise it will go into receivership. Management is under extreme stress to bring in cash even if it means to drop margin substantially to get cash. Those cash obligations will go under deferred revenue and owing to suppliers will sit at payables. Just look at the recent “interim” annual report they put out, some window dressing on the reversal of IP but the liabilities are as ugly as they can be. If they don’t grow top line fast enough then they have to reduce the salaries and wages which is 20-30% of the market cap of the company.