Moosie, my posts from last night and even this morning show what a joke cash flow positive is for a firm like ZBB. Even if they had managed cash flows to report a quarter where more cash came in the door than left it would not mean a thing except another attempt to do the same kind of thing Sunflower and Ul was. If they could not even do that it is worse than you imagine or they hoped.
Aspire is on the hook for $10,000,000 or so more? How many months does this fund and how sure are we that Aspire can/will fund it?
Maybe someone will ask Eric what happened to the cash flow positive. It is sort of a joke as was Sunflower anyway.
You want to be personally a bit more cash flow positive this month? Don't pay your home mortgage this month or at least delay payment till next month : ) .
I agree. Credence also has to be given to their ultra conservative way of recognizing revenue and what they consider to be an order with a 30% down payment. I do belive cash flow positive is important for this company to reach and is always the first marker of improving health. .