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26/05/15
20:52
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Originally posted by fp944s2
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this is sad. QFX had great potential, but has lost $60m over 10 years, never made a profit, and shows no signs of becoming cash flow positive any time soon. The $775k sucked on recently will last a few months at best, assuming creditors don't demand payment (yet again, current assets were a few million short of current liabilities at end 2014 - fact,not opinion).
some of us are not launching into people - just pointing out realities when we can be bothered. A few weeks ago there was a classic post accusing opinions vs. facts - there were about 10 statements which were absolutely opinions against the post being criticised which contained just 5 facts.
personally I fail to understand the ongoing defence of an investment proposition which has no track record of success (fact) and no advantage in terms of product or marketing over it's competition (fact). Would love to see some hard evidence to contradict this view, beyond some people just saying "that's a positive announcement".
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fat lot of good being first to the oz svod arena did for qfx, all that time and money spent to do so, only to become a re-seller of a competitor's product. could not have done any worse myself, imho.