Unfortunately I was right.
Less than $200k in revenue (included some bookies in the last quarter?) along with a very recent CR of $3m of which they already only have $2.2 mill in the bank.
Plus $750k drawn from the CN.
They keep talking about 'gonna happen ' but the revenue needs to tick upwards quickly and the business model proved. Or they will be financially embarrassed in just a few more quarters.
I was happy getting out early in the morning and will wait for the accounts to show me there is less risk. Even if that means buying back in at a much higher price.
Milesy
Unfortunately I was right. Less than $200k in revenue (included...
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