Let's be honest big boy, the fact the SP is floating between 0.9 and 1c is hurting you. Stop pretending like it's not. The SP is an absolute joke. Put the brakes on and have a think about why.
Very little growth last quarter with big cash burn as highlighted by Spenda in the last 4c. The increase in cash receipts from Limepay will be cancelled out by their cost base.
They were not profitable when Spenda inherited them and they sure as shyt ain't now. No new Lime wins have been announced, therefore there isn't anything across the line.
You've been wanted a CR is likely imminent. Remember they always need to have adequate funding for 2 quarters of cash burn. They had 4.8m usable cash at the end of September. Tick tock.
Warmest regards,
PD
SPX Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
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