How closely did you look at the latest 4c cashflow report?Approx...

How closely did you look at the latest 4c cashflow report?

Approx $4.7 million of the 4.8 million in item 1.8 is actually money they have collected for customers but hadn't paid out yet by end of September...it doesn't belong to them

So if you deduct that figure, cash and cash equivalents at the end of the quarter is effectively 800k, not 5.4 million

But because the customer money was sitting in their bank account, they are '' cash flow positive'' so haven't defined how many quarters of funding they still have under item 8.5 but have completed item 8.6, which you only complete if you are cashflow negative

I would assume that 4.7 mil has been paid out to customers now so you do the math

Unbelievable