Allows for $1.75m in senior debt reduction. If they need to issue 2m shares per quarter to ensure working capital is sufficient for expansion, I'm happy with that.
Any Revenue increase this quarter will not reflect in cashflow for at least 90 days.
It's a non event.
FY18 liabilities have been greatly reduced.
CM8 Price at posting:
8.8¢ Sentiment: Hold Disclosure: Held