Ahh...clarification before anyone jumps on me about cash flow positive, bad choice of terms, I meant debt free, and hopefully cash flow positive this last half year.
Dec 2011 half yearly report:
"Loss for the period of $2.1M was up 14% compared to 1HY11 losses of $1.88M (less movement of financial derivative associated with the termination of the La Jolla Cove Convertible Note)."
Assuming that convertable note situation would be a one off, so with continuation of the steady increase of sales you would hope for cash flow positive. If so, that would also be a news-maker.
phew, got distracted when doing that post.
DV
PS can someone remind me what the wholesale price of the recell unit is? I couldn't find it in search, thanks.
us demand, page-23
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