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FWIW…here’s a few of my thoughts (without getting too picky):·...

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    FWIW…here’s a few of my thoughts (without getting too picky):

    · My earlier suspicion about the $6m CR seems well justified…without it, their liquidity would have been in tatters. (Tests? What tests?)

    · I am surprised they have borrowed $42+k @ 5.39% to cover insurance costs

    · I agree with others’ comments on the levels of remuneration. Embarrassingly crazy!!

    · An 80fold increase in bad/doubtful debts … this is worrying

    · Those bloody legal costs re: Ikon debacle are a sad indictment on the naivity of this company

    · A small mercy is, at this rate, hopefully all the Options will never be exercised!

    · 72% of the receivables are taking over 3 months to get collected – that is “bad debt” territory

    · They are taking over 4 months to pay the Creditors – that is “legal action” territory (think Ikon)

    · It is taking 58% more time to sell inventory than last year & twice as long as 2018


    In the interests of my ongoing sanity, I think I’ll just leave it there eh.

 
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