This is a terrible result ,The December quarter in 2018 did not...

This is a terrible result ,

The December quarter in 2018 did not show a momentum slowdown

The worst part of the result is the real cash revenue is $1,192,000 less the cost to the broker who actually transacts for the platform ie Pershing/Open Markets or whoever they now use , this cost is $1,013,000 , so what is left is the real revenue , which is only $179.000 for the quarter.

A business with real revenue of less than $1 m , that is basically losing $2m per annum is not sustainable.

They need to have a 400% increase in sales to break even.

I mentioned it once before they need to buy Open Markets so they get to keep 100% of the $1.192m .