i have only theories why last quarter's receipts were 25% less than pcp so won't go there, especially considering employees increased by 150-200 talents (to +700) in that period it was a perplexing result; but the larger than anticipated cash burn can be explained away by new equipment, expanding, upgrading, renovating offices, additional admin/HR, own-IP etc - so despite three consecutive shocking quarterlies, i still think ICI will prosper solely due to our 60% ownership of Flying Sheep/Star Life as i think it is, no joke, a first-of-its-kind, cutting edge, in-house developed tech that is IP with massive appeal (https://starlife.game/game-page/ - https://youtu.be/-xqr_C7XNTc), & the fact that Lemon Sky is highly regarded industry-wide, working with the very best, i remain confident that WFH revenue will ramp back up & surpass last year's record levels. then LS alone will once again carry the rest of the company to cfp, until our own projects launch &/or LS IPO's; then we make bank either way
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-52
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