As of the 30th June 2011 ISN/KSX has accumulated a loss of over $66.5 MILLION. Add this current financial years loss to that of over $5 million and you will get total accumulated loss of over $70 Million dollars!
AND another capital raising is on the way AND revenue is still nill to very, very very minimal.
Where has $70 Million got shareholders to date???
3 Products that have failed to sell, an app that does the same thing as every other app on the asthma market and a company that continues to burn $5-$7 million per year.
What a disgrace it has been and it looks to be continuing.
The only people that have ever behefited from ISN/KSX have been the directors and nothing has changed....
Im sure every single person that reads this post would be able to turn a profit if they had access to $70 Million and the 10 years or so ISN/KSX has been listed, yet we sit here still staring down the barrel of $5-$7 million in losses per year.
Disgraceful....
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