The only great thing to watch is the movie scipt that will eventuate out of this......the Crocodile Dundee of Wall street........
Market Cap of $4m
Debts to the ATO of over $12M
Negative Balance sheet equity of $8M
Revenue less than 2005 2006 levels and going down
Capitalising software without a life expectation
A Board that has no leadership
cost of Board and senior executives more than 10% of revenue
ATO and ASIC waiting to pounce
CEO devoted to and on board of SNR
Denis Tomaras External Advisor with no directors exposures!
Price Dive met with silence from Board and Management!
Main contributing factors to cashflow is staff and legal payments....no explanation
The only great thing to watch is the movie scipt that will...
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