Read it a little bit better, this is what I see:
For the last quarter (Q3):
- $2,005,000 Administration & Corporate Costs
- $292,000 Staff Costs
- $456,000 Payments to Directors
- $230,000 dividends paid (to bloody who? wheres my share?)
- Only $64,000 spent on Product Manufacturing, Advertising and Marketing
- Only $274,000 Cash Reciepts
For the next quarter (Q4):
- Total estimated Cash outflow ~$2,500,000 (not including 'Payments to Directors')
So at this rate, they are spending about $12M per year with only peanuts for revenue secured....
Anyone still think this is a great announcement?
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Read it a little bit better, this is what I see: For the last...
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