RE:Huge losses last reporting period, RIGHT FROGGY ???Here's the explanation of what happened in the first six months of 2022 for TAAT in a simple way that the pumpers and newbies can understand. Even the pumpers would have to agree that Q1 + Q2 was a financial disaster in 2022 by any measure unless they choose to lie to us again. Q3 due for release at month end and will include HLND’s financial numbers should be real interesting.
In the first six months of Fiscal 2021:
Total losses were 20 times greater than total revenues.
Shareprice increase in the first 6 months of Fiscal 2021 was +90%
In the first six months of Fiscal 2022:
Total losses were 11 times greater than total revenues.
Shareprice drop in the first 6 months of Fiscal 2022 was - 60.6%
It doesn't get much uglier than that for a company that wants us to believe things are looking great for the future revenues, I'll believe that when it shows up in the future financial releases along with profits and low cash burn and low A/R relative to revenues.
Got any questions?