Am just reading the headlines now, they have dropped $2.6M in the last quarter and revenue has plummeted from an already extremely low $930,000 to just $496,000 for this quarter!!!
I have not even read the report in detail, feel free to correct my negativity if there is some gold in there that I missed.
How's your opinion of Freshtel management today then?
I think this company is sunk, what hope is there? It looks no better than a speccie mining company yet it is supposed to be operating in one of the best growth sectors out there right now, the VOIP market.
Just look at MNF, their revenue is now $5.2M year todat compared with this rusbbish of a company at just $1.4M God knows wht Engin is doing but I'll bet they are doing better than this.
Absolutely shameful perfromance and again just goes to show that their frequent puffed up announcements are utter trash.
I expect to see resignations very soon, either this quarter or the next. And of course capital raising is a dead certainty.
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