So far total RnD
$1,654,000
Now $2M -1,654,000= $346,000 for next qrt
Yes they need to keep spending for RnD But the amount will be a lot less as She clearly stated Major RnD cost is $2M .
With RnD rebate and additional revenue trial revenue from AMP and MetLife (I believe the unnamed one)+ remaining bank balance...
I am sure we don't need CR in the near future.
Once Nationwide rollout + one or two additional deals will give us enough
cash to operate business.
So dont panic. Everything is on track.
(Also all companies have contingency plan)
Also Cathie has put a lot of money in CR8.. She will keep looking after CR8
8.5M for FlamingoCX so far.
This business must be awesome.
Just waiting for taking off.
MetLife
Nationwide
AMP
Also our US channel partner has many many mega clients ...
They will get us nice deals more and more. ( refer to Inferno post)
If ever they needed CR in the future, they know especially Cathie and her husband. . How to do it professionally!
Ann: Quarterly update, page-67
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Last
0.3¢ |
Change
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Mkt cap ! $4.173M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $3.381K | 1.118M |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2949468 | 0.3¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 13401266 | 21 |
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| Last trade - 11.29am 08/07/2024 (20 minute delay) ? |
| ODE (ASX) Chart |