They are comparing 1st quarter (oct nov dec 2012) last year with their first quarter this year (again oct nov dec 2013 )so, they are totally accurate with their figures, check yourself.
Having sorted that, I do agree that they are haemorraging money and have to really start bringing in meaningful revenues, but I have to hope mamagement know a lot more than I do, and have all business matters in hand !
Feb 12, 2014.
Still showing a forward price of .25 , same as last year, but at least it is a fresh report, and may generate some interest.
So, why is the deferred income not included in the official revenue figure?
Surely it would be advantageous to show it !
Thankyou for bringing a smile to my face, that was really quite entertaining :)))
Think it will depend on what the Doctor says on the CC, but at this moment I reckon 13 -14 will be close to the figure.
At this rate of cash burn, I am hugely scepticle their reserves will last another 12 months!
If you take out the government mandate, what figure is left re sales ?
Cannot be very much, for a company with such a large sales force.