Absolutely NOT HAPPY with the way they have sold this and feel the there is a gross mis representation.
This reads to me like they have received 881 in receipts from SALES.. when it is in fact is 146 in sales and 735 from the exercise of options. To me, the exercise of options to me is not receipts in the true sense.
I am reasonably happy with the level of cash burn given it is a startup though.
Ann: Quarterly Update and Appendix 4C, page-3
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