ICI 4.55% 2.1¢ icandy interactive limited

list of key links to iCandy Group related projects, websites, socials, people etc, page-554

  1. 1,922 Posts.
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    "Cash is dwindling"
    -
    ONLY BECAUSE OF PAYING FOR MAJOR ACQUISITIONS, WHICH HAVE NOW ALL BEEN FINALISED:

    H1 was profitable, Q3 was CFP+ $0.455m, H2 & moving forward that's unlikely to change as LSS' costs are majorly fixed & the business is still growing, with a 3 year backlog, & LSS recently expanded from purely a game art & animation studio to also providing talent to major movie studios; currently working on 2 or 3 top-tier movie studio titles according to September's update, which greatly increases TAM. so the LSS business may only grow ~15% YoY, but it's doing well-enough to financially support the concurrent development of a dozen 100% owned IP titles; that is the opportunity here!

    you appear to have missed the significance of being profitable/CFP whilst +150 to 200 staff are working on pre-revenue projects.

    "Money wasted on SBB at high prices - fact."
    the initial SBB supported & raised SP enough that the company could issue hundreds of millions of shares at 13.5 cents!

    you appear to have missed how significant dilution would have been if SP was say 6.25 cents, 100% more. so actually, the few million cash spent on SBB was brilliantly architected as the alternative would have been issuing hundreds of millions of extra shares.

    "How long is a piece of string? Launches on the horizon. Holders have been parroting this for the past year - fact."
    you must be new to life or you would know nothing is guaranteed or perfect, especially predicting the future

    "Game/NFT deliverables are all behind schedule and there's zero visibility of a new roadmap - fact."
    come on! there's information what's happening. granted there should be more.

    i could go on too, but adios, you're a broken record with no doubt ulterior motives
    Last edited by FingerLicking: 10/02/23
 
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