So how did your strategy conclude that “some sort of success as...

So how did your strategy conclude that

“some sort of success as a first mover like MCL have in pushing to be the biggest & best in hemp foods in Australia in such a short time before actual changes in the law by November 2017.“

How were they successful? MCL data

Sales for the six months to 31st December 2016 = $3,355
Sales for the six months to 30th June 2017 = $0
Sales for the six months to 31st December 2017 = $498

https://www.asx.com.au/asxpdf/20180620/pdf/43vxq038lkgbf4.pdf

Group data

Sales for the six months to 30th June 2018= $144,275 (annual accounts)
Sales for the six months to 31st December 2018 = $304,167 (half yearly)

So while sales are increasing, the gross margin is still negative, i.e. the more they make the more they lose; and that’s before directors’ fees, admin fees, write downs (the AEB investment is not looking good) etc.

Where’s the 4C? Whilst it isn’t an accurate reflection of trading, being only a cash statement, there’s no reason why it shouldn’t have been issued on the 2nd April. The quarterly activity report can be announced later, they don’t have to be simultaneous. But it would give an indication of how things were going, loan draw-downs or repayments, capital expenditure.....