re: may be about to bounce dc, do you know for certain that the...

  1. 654 Posts.
    re: may be about to bounce dc, do you know for certain that the $4m revenue target has been reached? If so, how? Do you have inside information? How do you know what has been going on behind closed doors and that a pending announcement is being withheld from the market until the new financial year?

    Surely achieving the $4m revenue target would be a matter that they would happily be trumpeting as soon as it happens, and I haven't seen any announcement yet. There are now only 2 days left until the deadline.

    They are relying on getting a sale from their South African distributor "Inviro Animal Health Solutions" that has so far bought at most $122k worth of product in the past 9 months. This company would have to buy an extra $1.3mil in the next 2 days in order to satisfy the target. The company is less than 2 years old and has absolutely no internet presence findable by Googling... no website, no listing in the South African business phone directory, no matches on it's name except in CMQ announcements.
 
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