OMG! I just checked back in the 4C is appalling. Going backwards...

OMG! I just checked back in the 4C is appalling. Going backwards now $109k IN’s, $2.42m OUT’s, burnt $2.13m for Qtr.
Looks like the criteria for 20 Telco having min of 5000 users has changed, and noticed careful use of “agreed” not signed…
Again as per last quarter, the quarter before, and the quarter before we get the “next quarter is going to be the big one line”
Clearly the signed Telcos and Partners are not able to convert agreements into revenue… something is wrong with model because by all accounts the tech seems sound, just that nobody wants it or is willing to pay for it.
I’ll be surprised if ASX takes a closer look, a lot of big announcements haven’t come to fruition. Where is BLUIP, secret Singapore telco, Macquarie, the Big Bank?
Big worry is they are still hiding subscriber numbers, you have to assume based on revenue that a lot of subscribers must have churned away from DUB.
Something fishy going on here, time for Steve to go, too many stories don’t add up, needs new management.