Originally posted by vcr999
In the June Quarterly Managements estimated cash outflows for the next quarter was $375,000.The actual spending was $510,000 how can they get it so wrong. Now they estimate $375,000 the same number for the next Quarter's spending.Is this guess work, management it lust just shows they have no idea how to stick to any target or promise they make.Where did this extra $500,000 receivable reclassified as cash come from. With nothing happening, why just estimate the same expenditure each month they need to show they are earning their bonus shares. CHEERS
I actually think you may be right, somene needs to call and check with Russell. The wording "call deposit" isn't right.
