Business activities expenditure totalled $703k (Q1: $550k) for the Quarter consisting of
advertising and marketing ($90k), operating costs ($107k) and research and development
($248k) with the balance being administration and staff costs (combined for $258k).
Approximately $100k in this announcement estimated for 1 month revenue after 50/50 split.
Facts are that if costs remain the same $703k/quarter and estimated revenue for the quarter $100k/month times 3 = $300K the company will still have a $400k lose/quarter which translates to a $1.6 million lose for the year...... that's real value for shareholders
Business activities expenditure totalled $703k (Q1: $550k) for...
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