I emailed Simon Glover, Chief Financial Officer, and to his credit
he attempted to address concerns as best he could given the
rules public companies must follow.
In relation to the delay in the reseller agreement with Phillips he stated that whilst management were hopefully to have it complete by the end of last financial year it is not uncommon for delays to
occur when dealing with large multinational companies like Phillips and he reinforced 4D’s belief that it remains on track with updates to come.
I also asked why statistics of actual scans had not been made available which he claims is due to commercial sensitivities with current partners and the effect it may have on negotiations with future partners. I am still having a think about this response.
An annual report will be released at the end of August. There will also be a webinar. I will be getting the popcorn ready should AF be hosting the webinar and seeing what position he takes to questions about his reoccurring overly optimistic comments. He is really starting to come across like a used car salesman.
Perhaps Simon Glover should take the reins.
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