Hardly surprising to see the smoke and mirrors continue at this company. Putting out a 4C with +US$581k positive cashflow days before a shareholder meeting to roll the chair... only to later qualify that big win as timing issues of cash payments because actual performance for the quarter was a negative EBITDA -US$178K.
The uncharacteristic step of the company to seperate the well timed 4C and today's quarterly update is criminal. This had a seriously misleading impact on the share price and the outcome of the shareholder meeting entrenching their jobs.
What a farce.
Hardly surprising to see the smoke and mirrors continue at this...
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