Yes that $10k is a bit of a puzzle, but at the end of the day another shocking omission in regards to the estimated cash out flow, how can they just not show an out going that clearly needs to be paid. At best shoddy work - at worst a deliberate omission - Again signed by SC and we wonder why the sp doesnt move.
As for the next quarter yes we have the 2 x US $100,000 coming in and what ever Stride pays - some have claimed they were told $170,000 a month at the AGM, if this is so then we would also need to see costs also associated with the development.
If it is $170,000 per month then income should be $510,000 for the quarter, not all of this would be a added cost (Rent, Wages etc) but one would suspected the major portion will be spent.
The question here is it an upfront payment prior to expenditure or is it invoiced at the end of each month, this will play a big part on what is actually shown on the next quarterly.
However it appears that from further reviewing the 4c the invoice will be issued at the end of the month with the actual cost shown on the invoice.
SUD Price at posting:
0.6¢ Sentiment: None Disclosure: Held
