QFX 0.00% 0.1¢ quickflix limited

What an absolute disaster, far worse then even I predicted....

  1. 4,600 Posts.
    What an  absolute disaster, far worse then even I predicted. Biggest loss since Sep-12 Quarter. Only 2.6m left in the bank, they probably have less than 2m in the bank by now. Suppliers due payment of 8m by 30th Dec.

    But never mind the 3m loss, huge increase in costs and almost nothing left in the bank. Streaming is up and Langsford is still talking to possible partners.  

    And of course next quarter will be better.  Though strongly doubt they will still be around by the end of next quarter unless some white knight investor shows up with 10m +






    Kat.
 
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