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Ann: Appendix 4C - quarterly, page-3

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GravityWaves

252 Posts.

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30/10/18

22:00

Post #: 36322383
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Originally posted by Whatknots: ↑

So just curious, the 4C does not have any outgoings associated with product manufacturing and operating cost. Looking back at the annual report it does have any of these expenses either. With the burgeoning AWS cloud footprint as mentioned, are the operating costs getting recorded as R&D and if so how long will the company be able to keep doing this when they are earning revenue from the AWS system and have to scale the cloud to meet customer demand?

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Good question Whatknots. Ian Olson would probably be the right person to answer your question at the annual meeting. Your curiosity might find some relevant information about the R&D Tax Incentive eligibility at the below website;

https://www.business.gov.au/assistance/research-and-development-tax-incentive/eligibility

3DP Price at posting: 2.8¢ Sentiment: None Disclosure: Held
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