Sadly for this kind of business it does take time to implement their solutions, the fact they can get people to change is pretty good in itself.
The cash receipts themselves were never going to be at $920k as that was just a catch up of cash flow lagging revenues. As to be expected next quarter is likely going to be exactly the same in terms for cash flow because revenue hasn't changed from the last quarterly.
However I am to be expecting better revenues next quarter due to more revenue streams and seasonal shifts, which then should later be better cash flow.
Just my opinion of the 4C's and not an accountant so could be wrong, if so would love to know
KYK Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
