Best thing to do it report them.. get all share holders involved...

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barker777

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30/01/23

09:19

Post #: 65939749
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Originally posted by stephencca: ↑

This is NOT a quarterly report. Its fingers up to us all. No details of ARR, No details of licenses, No details of ANYTHING.
I THINK THIS COMPANY IS VERY BADLY MANAGED.
IF THE MANAGEMENT IS FIXED I THINK IT WILL TURN AROUND IN 3 QUARTERS.
They are so ashamed they dont want to put reality down on paper
IF MANAGEMENT ISNT FIXED ITS DONE.
I figure theres too little time spent on the fundamentals of selling the product. You can have a product but if you cannot sell it because you have no salesmen - your done.

It is negligent in the extreme to come out and tell shareholders that a purchase (MNZ) is going to add $25M in income in 3 years.
Really? ! How much income do they have already? Have they made a start on it? If they have signed people up - when is the start day.???
It is fraudulent to tell shareholders and prospective investors that Amazon and Microsoft have signed up... NO - they didnt say they have signed on the dotted line but they keep using language which means they will be coming on board as some sort of a deal is done.

Cash receipts
30/4/21 $12.2M,
30/6/21 $14.6M,
30/9/21 $14.6M, (one of the 14.6M may be incorrect - I havent got time to double check).
31/12/21 $15.3M,
31/3/22 $13.9M,
30/6/22 $12.9M,
30/9/22 $9.4M,
31/12/2022 $9.99

ARR 30/4/21 66.7
ARR 30/6/21 62.8
ARR 30/9/21 64.5
ARR 31/12/21 65.2
ARR 31/3/22 64.1
ARR 30/6/22 65.6
ARR 30/9/22 Not stated
ARR 31/12/22 Not stated

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Best thing to do it report them.. get all share holders involved and things have to change..

LVT Price at posting: 3.2¢ Sentiment: None Disclosure: Held
2 Upvote

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