Better? You must be looking at different accounts to me:
- revenue Q3 8118 vs Q2 8299
- cash burn Q3 15965 vs Q2 17019
- cash at end Q3 40147 vs Q2 56719
Still burning cash, revenue still flat, promised savings of $5m seem to be $1m (but it will get better in future, honest).
Report full of handwaving and wishful thinking but the only numbers that matter are those ^ ones. And apparently appointing a 22 year old car driver to consult "at the executive level" is what they need? I guess he couldn't do worse than the current C*O's.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5
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