The next quarterly is going to be very interesting.
The company has flagged substantial revenue increases from last quarters $153k.
The cash outgoings for this quarter are $2,158k
We have $3,929k in the bank plus receivables of another $800k due.
We are certainly being exposed quickly to a huge number of new clients through an A list of partnerships which appears to be growing. We should hear about the appointment of our North American sales rep in the next few days. Mathew Ratty seems to have engineered some real and very exciting momentum with this business and has the expert guidance of Mark McConnell who has put his reputation and money on the line.
If revenue does increase substantially over the next 2 quarterlies then given the existing capital structure of Adveritas then we could easily move to 50 cents plus over the next 6 months.
The oppies seem a steal at 6 cents given the upside and time value.
The next quarterly is going to be very interesting.The company...
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Mkt cap ! $87.88M | |||
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