All as expected after the last quarterly. Not sure how they still have $45mil cash but thats a positive. I only skim read the report for now as cash at hand is my concern. This will survive at least for a few years in the worst case scenario. Who knows maybe it will turn a profit one day.
As I said in my previous post the books may have been cleared with confidence after the cash investments. I expect year 2016 to be much improved with far better accounts now hopefully E88 has sorted out its websites, apps, debts to merchants and staff numbers. Customers will increase with asias transition to the internet through its growing middle class.
E88 Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
