this is an expected result....150k aus this quarter in receipts. the last US navy contract was 150k US, which means Q1 2020 still has a small amount owing...money in the bank plus loan drawable of 200k equals break even Q1 2020....500k due q2 mean break even q2.... I don't understand the sell down.... some people very happy to buy at .3 and .4... I'm sure there will be a CR soon, hopefully not til after a contract.
big picture 35% reduction in spend, best quarter since change of direction. next quarter to be better... if directors sold down concerning... if not this is a buy
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this is an expected result....150k aus this quarter in receipts....
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