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clock Created with Sketch. 06/03/19
17:50
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Originally posted by BullBear45:
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It will come down to this quarter and next. I expect a material uplift in cash receipts, as well as a modest reduction in cash payments.
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Fair commentary. I dont think cash receipts will point towards cash flow positive for some time. I think the market is valuing this at face value: $900k on hand -$800K Cash Burn+CN$550k+$200k Receipts - $720K burn= Not good news. IMO, the company need to pull their finger out and make some big sales, and even have some clients purchase licenses upfront to get positive cashflow whilst keeping some recurring. This will limit the need for more CR and dilution. Fundamentally the monetisation model is flawed.
