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They seem to be finding the kind of glitches you can only find...

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steve001

290 Posts.

77

04/06/18

10:48

Post #: 33470764
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Originally posted by jlo2012 ↑

I think the first tranche ($5m annualised revenue) is still pretty certain of being hit. They reported just short of $1.5m revenue for last quarter. They would only need $1m of revenue for this quarter to hit the $2.5m needed over the six month period to achieve tranche 1.

I would still expect this quarter to still see a higher revenue figure than last quarter.

Things are playing out a little slower (short term) than expected. I guess the positive for us is that their may be less dilution that we had expected.

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They seem to be finding the kind of glitches you can only find when you are getting volume, positive is that the fixes seem to be short term based on the communication.

ISX Price at posting: 17.0¢ Sentiment: Hold Disclosure: Held
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