Ann: Shareholder Presentation Update, page-61

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Bakmaam90

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31/05/18

09:37

Post #: 33394225
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Originally posted by Reillyblue ↑

Being the age I am, I am beginning to doubt my notes! I put in here two references to revenues:
1. being record this half - double of anything we have done before
2. this quarter being a record.
Being curious I thought I would try and apply these statements to the numbers we know (assuming I dictated correctly).
1. If this is going to be a record for this half it has to exceed approx. 3 million. To be double then it will be close to 6 million for half year
2. To be a record quarter it has to do more than 3 million. Given the q3 revenues was 1.9 million then the q4 results must be in the vicinity of 4.1 million.
If that is the case then it would make the two statements I recorded true and give us a full year revenue of approximately 9 million for the year (conservatively). That is almost double 2017 results.
MO would have a fair idea of these revenues due to long lead time of projects etc. It is still a long way off what we need. If his goal is profitability in FY 2019 (as stated in the presentation) we will need to have a series of announcements very soon about projects. IMO.

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If his goal is profitability in FY 2019 (as stated in the presentation) we will need to have a series of announcements very soon about projects.

Exactly Reillyblue!!!
It has been his goal for the past how many years!
Let’s hope we are right and the next few months grow your project summary culminating in a successful CETO 6 trial.
Was so close to bailing out a month ago to reinvest into other stocks that are working for me but stuck with MO and his promises. It’s all about CETO really huh.. if it was not then would be invested with a company that’s actually working. I keep thinking sell and buy back in later but my loyalty in principle keeps me waiting!!!!
Can I ask is it ok to mention other stocks here? I have one that CCE now owe me for considering I’ve stuck with them.

CCE Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
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