Ann: Netlinkz Partners with PT&T Philippines, page-30

Ok makes potential sense then.
I just want an update in the next financials of inventory holdings vs how many units have been sold as I want accountability that these monies are being used specifically for the purpose of purchasing the said amount of units and not squandered in wasted spends!
Also though why purchase $85 million worth(realised sales value) if they only plan to convert $25 million over 12 months? That’s a very bad stock turn. That’s over 3 years worth ( and yes I get that they have to pre empt demand a little also but sounds excessive which just makes me think it’s not all used for starlink.
Again I don’t mind if they use the monies for other productive things but just say it, don’t hide it behind starlink.
Also does starlink hold the pre purchase stock or does Netlinkz have to warehouse this product which is another added cost which could be over inflated.
Sorry for the negativity but it’s frustrating to watch so much money being wasted over the years.