I missed on the quarterly until yesterday. And now I'm finally out. Not caring anymore on holding the last 100.000 shares til the end. Just read it. It is a declaration of surrender.
Product manufactoring and operation costs are 1,17 that's even 70k more than the revenue at the period. 880k in cashflow left with additional 1,5 Mill. overheads. There money won't even last til the end of this quarter. Hope of change: None. 20% Gross Profit. It is nothing. The flour milling business, I worked for made more. And they produced commodity goods in a market wird a high price competition. Maybe we wait for the people, who dropped by at the trade fair. What a highlight. The will be broke sooner or latter.
SMA Price at posting:
1.4¢ Sentiment: None Disclosure: Held
