ESN 0.00% 1.6¢ entellect limited

BorrisDo you think the cash burn of this co is justifiable? It...

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  1. 1,156 Posts.
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    Borris

    Do you think the cash burn of this co is justifiable? It seems quite high to me for a web based games platform.

    Correct me if I'm wrong but I doubt the revenue will go up 400% every quarter. I don't think there is any compelling evidence to show that the revenue will Go up at all next quarter results. It could be less than $4k.

    Weirz

    Agree the cash burn is out of control. Just wondering about the Other Working Capital of $175k what the? Did they put in their stationary order? I wouldn't of thought web based game platfors would be so expensive to maintain.
 
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