Good News - Bad News RFN now has only 6 staff soon to be 5 from about 16 last year, that means staff costs can only reduce, slowing cash burn, in fact it looks like sales receipts may soon cover operational cost, so they may balance out next FY.. even a small profit.
However it could also mean they are methodically closing down shop, without Stacy Beer's skills their sales and marketing is almost non existent. The last sales / marketing guy left is doing what 6 people did last year....that must reflect on new sales. Wait and see I guess, - Will they fight and recover or cut their losses and fold that's the question...
The Directors really need to start communicating with shareholders either way...and why is that Chapmans guy still on the board???
Good News - Bad News RFN now has only 6 staff soon to be 5 from...
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