ETC entertainment media & telecoms corporation limited

3rd quarter reort, page-2

  1. 487 Posts.
    re: 3rd quarter -wheres the revenue Yeh, I will

    Operating Activities
    1.1 Receipts from customers down drastically for the qtr- why, with news of closing several deals what is the income stream, & what has changed to the income streams from the first 6 mths

    1.2(e). Give us a breakup of the major items in the 1,316

    Investing Activities
    1.9(a) acquisition would be Galavu I assume
    1.9(d) what was purchased
    1.11 Loan to Galavu, why when the business was just purchased was a loan to it necessary. Working capital, purchase of assets?- doesn't make sense to me

    With cash at the end of the Qtr 1,606 & operating cashburn of 692/qtr, means 6 mths before the cash runs out.

    Section 5- Acquisition of business entities has not been filled out.

    Those attending the AGM, need grill the directors on the income stream- it seems to be falling away-why?
 
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