News: CFO CFOAM Ltd says Michael Placha resigned as managing director, page-87

mm i reckon that's a pretty bullish expectation, not that i'd complain if it came true.

if you read the quarterly ended March, they state that from April 1 - April 25th they had managed to book about ~$200k of revenue and they seemed pretty pleased about that.

If they manage to continue on that trajectory till the end of June which would be a very promising result then you are looking at about ~$600k revenue for the quarter. quarterly cash burn looks at around $700k so if they manage to produce results around that i would be pretty pleased as they are almost becoming cash flow neutral.

to answer your questions moboy, i don't think anyone would know unless they hold the company register and i doubt anyone of us does