EOS 1.45% $1.76 electro optic systems holdings limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-16

  1. 910 Posts.
    lightbulb Created with Sketch. 170
    Yes, and the quarterly dedicates nearly a whole page to demonstrations, testing and "successfully completed live fire evaluations" as HIGHLIGHTS.

    Well...they're not successful until the ink dries on a contract. Which according to the quarterly states that EOS expects that "most of the delayed contracts to be awarded over the next 12 months"....

    Forget the numbers. Isn't it the same 'ole story?

    And speaking of numbers..."Cash balances can vary markedly between quarters depending upon production, invoicing
    and payment cycles under our contracts."

    Yep. Nothing changes here. Opaque is still opaque.

    Back to sub 2's before you know it.
 
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