early churn, page-15

Thanks ervina.

That's interesting though. I knew that they were able to apply to stop releasing quarterlies once they had 4 cashflow positive quarterlies in a row, but from my own previous contact with the company I was told they would continue to release them as it gave shareholders an update on revenue and cashflow figures. Obviously they've decided it is just all too much of a hassle, or they have figures that they don't want us to see.

Having said that, I would have thought at least as a courtesy they would have released a statement to the market advising that they are no longer releasing quarterly reports, instead of shareholders having to contact the company to find out.