Thanks for pointing, although it was not very useful in this...

Thanks for pointing, although it was not very useful in this instance, as I already knew this one and a few others learned from this bitter experience.

AGH showed revenue growth, but revenue growth with increased loss now sitting at 16M for past 6 months up to Dec31, for a total revenue of 15M and MC of under 12M. If this company is to become positive for any reason, the CEO should show how he and board can do it since they require 15+16=31M to generate 15M revenue. Is it not time to close the company and do nothing so that the loss can be reduced to zero. I think you may need to demonstrate, how this business can survive by presenting your figures to support the statements of this company becoming profitable

Also this is an unimaginable loss without any capital expense, it is my guess only that this may have been an indication of possible funnelling of the last remaining funding before going into receivership.

I wish AGH turns profitable although without any logic I can trust and the the SH at least get their investment back. GLTAH