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humble69

2,260 Posts.

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29/11/17

20:01

Post #: 29230598
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Originally posted by musky45 ↑

My intention is certainly not to have an unnecessary argument. However, I do feel that your estimates are significantly out of whack, and if your investment thesis hinges on those assumptions than it is in significant danger of causing you some major dissapointment.

I’d also hate for other investors to be influenced by the strong statement you gave to a self declared new poster looking for answers.

So at least there is some evidence to support my assertion that marketing will significantly exceed your forecast $2M (ish) I’d urge you to look at the company’s 4C report for 2018 Q1 (Sept)

Marketing was $1.14M, and on the same report, the cashoutflows for Q2 are estimated. Marketing shows an expected cash outflow of $1M for Q2.

There is $2.14M right there before Dec 31st, with a whole 6 months to go.

All the best.

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I'm expecting cash flow pos this qtr

YOW Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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