LIFX Acquisition - A few thoughts, page-63

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nobaggage

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05/02/19

12:50

Post #: 37334573
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Originally posted by mnb ↑

As there has been so much unresearched crap posted here by the usual grubby suspects, I thought I would ask for clarification on one major sticking point here: cash flow break even by year's end. To that end I emailed Dave McLaughlan, and I offer the following email conversation:

Hi Dave
With regard to management maintaining the forecast of cash
flow break even by this year end, could you please clarify as to whether that
forecast is dependent upon the proposed acquisition of the company for which we
have a trading suspension? In other words, would we still be breaking even, cash
flow wise, without the acquisition?
Best regards
****

Hi ****: Thanks very much for your email. Our guidance around reaching cashflow breakeven by the end of the calendar year is not inclusive of the proposed acquisition. Best,Dave

Now, this may disappoint a few naysayers and trolls, which is great, but really, if you want to take a lesson from this, I suggest you follow the advice I overheard someone give a another person years ago:
Children and fools should not criticise something half finished.

Now that's been cleared up, I have many things to do outdoors. All enjoy your day now.

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1: I do not believe Dave anymore and its obvious a few others do not either.

2: Suggest you get off your High Horse and stop lecturing people and calling people names.

BUD Price at posting: 9.5¢ Sentiment: Sell Disclosure: Held
2 Upvote

0 Great analysis

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LIFX Acquisition - A few thoughts, page-63

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Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

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This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

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