Does the entity expect that it will continue to have the current level of net operating cash flows for the time being?
Net operating cash flows are expected to improve in the coming quarter as receipts from customers improve from increased sales activity and cost reduction measures take effect. Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations?
The Company continues to closely monitor its cash position and the range of funding options available. On the basis of its 3-year profitability plan, latest sales forecast and R&D incentive claim, the Company remains confident it has adequate cash reserves. Does the entity expect to be able to continue its operations and to meet its business objectives?
Y
es - the Company is confident based on its 3-year profitability plan, latest cash flow forecasts, latest sales orders and growing sales pipeline that it will continue to meet its business objectives and continue its operations.
If Ilario wasn't at the helm, if Bob Sakker hadn't come on board, and if Gangus and Schaffer weren't willing to pile on additional risk, then yeah, up the creek without a paddle and just another one to chalk up to experience.
In the meantime...being rebuilt from the ground up:
https://harvest.technology/So what is it? Liar's Poker or a kick-ass Winner Take All turnaround?
I know, lone wolf voice in the wilderness. Get at it, give it heaps!
