I would say we will be much higher than that.
I think management thought they would've had some project wins ready for the Activities Report. See below re Chairmans letter in September.
"Revenues continue to grow and there will be a first quarter results announcement in October with an update on project wins and revenue projections."
I think they are very close on finalising a few deals, based on the above correspondence, which should see the shareprice head northward again.
Also, from memory from a past announcement, they were taking about $12 million in revenue just from Flash Convert and work with Zero Accounting....
Could be some very interesting times ahead.
Share price just drifting at present, waiting on some contracts and concrete news to be delivered.
Noggie
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MOT Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held