Anyone wiser than me with any clue as to why administration and Corporate Costs which had been running around $500-550/qtr ballooned out to $5,903 this quarter. How does E25 think it is acceptable to spend 10x normal with no explanation?
If this had been a more normal $550k (it isn't), then expenses would have been $5.35m less. The operating cash deficit was $6.488m so this absolutely massive Administration & Corporate Costs item is this time the primary reason for the cash deficit.
E25 Price at posting:
58.5¢ Sentiment: Hold Disclosure: Held
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