Still stand by my point that it's disappointing that receipts are going backwards
Some just don't get it. Much of the past receipts were low margin, NOT profitable. Been dumped as it should. Was always going to be an issue in this transition period. Cash receipts doesn't represent revenue. YET there has been a $3.2mill turnaround in cash burn in ONE quarter. This is FAR more important than raw cash receipts figures. Was it a mistake taking on these low margin clients. Maybe in hindsight, however it did create new opportunities by making others aware of AJX, so did have some benefit. AJX are now heading in the right direction, high volume high margin and partnering with global suppliers.
and we haven't signed any major new customers.
I really don't know how you came to this conclusion. Maybe reread the quarterly report and come back to us.
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