MIK mikoh corporation limited

Ann: US Growth Fund investment in Mikoh , page-8

  1. 5,849 Posts.
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    Fair comments guys. Something else in Mikoh's favour, which should become apparent from here on in, and which will ameliorate the effect of the CR while we wait for increased revenues to flow from Thailand and the Kollakorn/Somapa deal, is reduced cashburn.

    With the disposal of non-performing assets (that's an oxymoron if ever there was one!), and the transitioning of MIK into a pure AVR/EVR play, (while Certain ID and Tranist Vault come on-stream) I'd expect to see significantly reduced overheads and a leaner, meaner, more efficient Mikoh emerge.

    All things being equal....:)
 
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