Ann: Quarterly Activities Report and Appendix 4C - Mar-2025 Qtr, page-115

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    The "new lots" A Team ("A" for Amateur) performance

    15 cents to 2.9 cents
    $21 million cash in bank at "spill time", to now borrowing to stay afloat
    No path to pay back debt
    Churned the Board and the management team
    Changed revenue recognition to bring forward reported revenue - no impact on cash flow
    Sales are floundering at one-third of what they need to be

    Some record !!!!!!
    I'm sure every CEO would be proud of that track record

    What a disaster (total mess) the spill has turned out to be !!!!



 
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