You might want to stop talking rubbish.
Business is in growth phase.
All CR's are/have been minimal and every cent spent was critical to growth and economically spent at that. Business has only been shipping product since April 2017 (1st product)... 2nd product April 2018 and new product Sep 2018.
Look at qrtlys on VIV...that mob could be in admin in a blink of an eye...qtrly's all over the shop. Big Origin deal...bahaha...keep paying top dollar for your work crews...or do they work for casual rates?
Not us buddy...building consistently...expanding range...beating the competition on all aspects. If you can't see the connections/dots and want to throw out one liner trash how seriously you want to be taken here other than as a pip trader? You buy...you pump...you sell...you bag.
We've been sold into by a T20 who sold into a good quarterly and that's their perogative. It's not the first time it's happened on the stock market now is it?
Obviously they are done or near done...I call it a buying op...think you know that and due to your recent post history...I'm surmising you bought before the Qrtly and got caught. So you either took a hit or your looking to average down. Either way your posts appear schizophrenic as does your credibility. Smarten up.
We have our core business and we have international markets. We are getting our name out there bit by bit and more importantly the big dollars being spent on getting the word out about hearables is being done by the big boys all to our direct benefit. Our first two products are directed at the Health sector a space we lead.
Our upcoming product for the much broader consumer sector. Our growth profile is sensational whether you want to admit it or not. The numbers are in your face ...and they are dandy for a Co that is barely worked out where the front doors of their recently expanded premises are. We are cashed up and I expect that Lives are going to grab big sales due to their pricing and anticipated quality. You have no idea what the growth curve is on either of our existing products nor what receipts are outstanding as per the cut off date for the last qrtly.
If you want to question the tech and the inroads it's making into the world of sound ...suggest you take a harder look.
It's a big world out there and we don't have to send out entire work crews o'seas or interstate if we want to expand our horizons fitting out LED lights. Wonder how many of that crew will be flying cattle class? Yeah lotta overheads...oh and they havn't given you much detail about the contract deals have they? Bit of a worry!
So fair suck of the sauce bottle V...not interested in your game plays...but won't stay silent on them either. You're attacking the qrtly and you have zero basis to do so given overall growth profile. Anybody would be proud to be showing these kind of numbers and those that are dismissive are doing so for the usual purpose. We are at or near break even with only roughly 16 months of single product output and 2nd product only been out for a few months...do the math and stop the BS.
If this was an ASX 300 say like A2M what qrtly growth profile would you be happy with? I can't think of any that even comes close to this as a small cap????? Anybody???
I say for those that can mop up what you can at these levels because when buyer volume moves in well be breaking through the resistance lines at the rate of knots. just need the right news to pop and it's going...and note when regular "bears"move in that know the stock rythm their not here to help their here to buy.
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