It staggers me that they have the balls to try to put a positive spin on this....Here is a cool graph with linear growth (BS) ....yeah we scored another 2m worth of "we are screwed' loans from Korda Mentha" to go with the 1m we already have from them
No details of the terms of either little deal...
The reality is that their growth in revenue/GP is about 10 years behind their expenditure levels.
Nothing new nothing different and plenty out there doing it cheaper and better.
Who lends 3m to a company going backwards...They are running into the inferno holding hands with the devil singing Kum ba yah...and the devil will be the one greeting them at hells door ...
KM must see more than 3 m in the underlying asset....
But either way the market cap at 10.79 is BS ...
BMP Price at posting:
15.0¢ Sentiment: None Disclosure: Not Held
