When I said 1 week for the revenue above I meant 1 month.
Further Notes:
Payments from Customers $30.6M
Payments to Suppliers & Staff $30M
Underlining Business made a $600k profit.
Billed Customers $39M up from $18.7M (Double that of last year which made $50M Rev EOFY)
Bill From Suppliers $40M up from $19.2M
Purchase of Correct Comms
Initial payment $1.5M made up of
$1M Cap Raise
$300K Loan
$200K Cash
+ additional 500K in shares end of 2018.
with upto $3M to Pay if profit from correct comms > $2M at EOFY
CNW Price at posting:
1.7¢ Sentiment: None Disclosure: Held