I would suggest all Share Holders go back to the TTT ann. on 04.07.19, regarding their successful CR of $7million.
The ann. stated quite clearly that the funds were for International expansion. 5 months later & the next CR is for, you guessed it, International Bureau expansions . Where the hell did the last $7M vanish to?
The TTT ann. on 04.07.19 also discussed this elusive $3-5m revenue that various Posters have pinnned their hopes on receiving before 31.12.19.
The elusive $3-5 m was broken down like this.a)$1-3M for potential rev opp in aerospace sector
b)1.5m for Defence Industry
c)$2M for TFK system sales/protyping etc.
Questions that must be asked.
a) Where the hell did the last $7m CR go to if the next CR in January is needed to Internationally expand ?
b) Will there always be a need for a CR every time they expand?
c) In regards to the elusive $3m- $5m expected rev, this was discussed openly way back on 26.06.19. It is now 09.12.19. Why has it taken so long for 3 different sectors to pay up to TTT?
My next statement must not be buried or treated with disrespect. My belief is that the last CR was used for the day to day runnings of TTT. Wages, Salaries, Leases, rent, research & so on.
I also believe a large proportion of the next CR will be used for the exact same thing !
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