TZL 0.00% 2.5¢ tz limited

sigalla resigns and appoints a mate, page-10

  1. 16,279 Posts.
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    YR

    We are not cash flow positive .. where did you see that?? It says the cash BURN has gone down from USD$1.5m per month to USD$500k per month. I guess one "real deal" with near-term cash flow could get us there ... is there one "imminent" I wonder?

    I'm not clear where this leaves us either.

    One thing that I wonder is about the accounts. Didn't TZL spend a heap on auditing the books going back some years as a requirement of the preparations for NASDAQ? So many questions and so few answers!

    I'm about a millimetre from selling what I have left and trying to forget that I was ever involved with this company! After 4 years in this stock I am VERY disappointed with where the company is at as I'm sure we all are. Can't lay it all at AS's feet though .. management in general has been poor. Reminds us all that management quality and experience is one of the most important criteria when selecting a stock!

    H
 
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