Ironic isn't it, same way that Netflix doesn't make the rules about GST. Yet you've brought the subjet up as if they are doing something morally wrong .
Under 20m, yes and wouldn't put it past Langsford to utilise some creative accounting to make sure they don't report over 20m uncanny how in 2013 revenue was just under 20m at 19.3m
Have I ever been declined for R&D, well that's a new conspiracy theory almost as wild as "the truth" that I'm David Cannon, no I've never applied for R&D let alone declined.
Oh and QFX died years ago, they've just been surviving from CR to CR ever since hence the declining and now near flat line MC.