with only (barely) 4 customers, sales are going to take awhile.
They need to start onboarding franchises at least 1 new one a quarter??
Capricorn could’ve got a better return sending their staff out collecting cans and cashing them in rather than handling over good coin to AF, but I guess investors need to be thankful that they did sign off on such a thing.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-64
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