Growing pains, page-4

Management are useless here.
Decrease revenue. Increase costs. Adding sales staff and not getting revenue.
You know you are in trouble when in the quarterly they state the number would have been better as we didn’t include $14K. Whoopee.

They made $800K less from last quarter. There will be a further decrease in months to come.

They say they will have moderate cost reductions. Two per cent is not moderate? It is next to nothing.

This company only has enough money to run for nine months. No sophisticated investors or banks will lend them money. If investors do it will be a large discount to the share price. With the share price so low (now 3.8c) who is too say at a 30% discount will be offered. You do the maths.

This is a through disappointment. For every future company I invest if I see the name of Ian Lowe in there I’M OUT and so should you.