Ann: Investor Update, page-9

1.6m net debt still? 

The issue is this.

Despite positive subscription ebitda, positive q and a ebitda, its making an overall loss. So negative cash flow.

And guess what, both sub and q and a divisions are declining. All of this are facts.

Crowd media will finally hit the 2m mark this year in revenue. My local mcdonalds turnover over $3m annually, making fantastic returns even after paying franchise fees. Will crowd media ever make money?

Last of all. How is it going to pay off the debt with only three months to go? It will most likely be extended then. It has been such a good deal for them. Dont see this company turning into positive cash flow in the next 2 years so more cr expected. 

Also dont believe doms words on seasonality anymore. Its such an overused excuse by him