Ann: Preliminary Final Report, page-7

  1. 107 Posts.
    lightbulb Created with Sketch. 27
    IMHO, revenue is misleading. It increased almost 300% in just the December quarterly $300,000, WITHOUT THE US CONTRACT

    It is important to note that these are very conservative calculations. 
    Revenue: Minimum, It is fair to say at least that the revenue in the upcoming quarterlies on AVERAGE would be $500,000 especially when imminent contracts are released + hype in cyber. This gives us $2million in revenue for the year.
    Loss= Given the loss of 3.4 mill for the year, the company has outlined their confidence to decrease this. So going with a very conservative approach, I would expect this would decrease to at least $3mill.
    Bank balance: With our current bank balance of being $2 mill, we would have a net overall value of $1mill. 
    These are very conservative calculations, and for a market cap of only 7 mill currently, to not be in debt or have any loan, this is unheard of.

    BOL to all holders 
    Last edited by Chrissyw0w: 28/02/19
 
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