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Bullboard - Stock Discussion Forum Cortex Business Solutions Inc. CTPNF

Technology Information Technology Services
"Cortex Business Solutions Inc is a network-as-a-service company, which focuses on helping businesses within North America to transform their manual and costly invoice processes by enabling buyers and suppliers to send and receive invoices electronically."

Bullboard (OTCPK:CTPNF)

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Post by 88guy88on Mar 19, 2015 2:03pm

Bob

on BNN today did not make cbx a top pick...he went with much bigger more stable picks....must be getting tired of the investor backlash when he picks these high flyers and then they crash...like cbx ...more  
144
Comment by Ceriuson Mar 19, 2015 12:59pm

RE:McWhirter on BNN @ 1pm

There didn't seem to be much participation from anyone on that call. Hearing it takes 6-9 months to get to revenue from contract signing is a little scary in this market as that is plenty of time ...more  
104
Discussion
Post by Papagalloon Mar 19, 2015 9:08am

McWhirter on BNN @ 1pm

He was very big on CBX but did not participate in the recent conference call which was odd.
70
Discussion
Post by 88guy88on Mar 16, 2015 1:21pm

Same old Same old

just look at the history for this company...share price destruction while management continue to take in quite nice salaries....how about growing and managing the business to earn those pay checks ...more  
139
Post by buybuyon Mar 16, 2015 1:09pm

Why is the bid so big?

...when everyone is so disappointed with the financials?
65
Post by fatcharlieon Mar 16, 2015 9:47am

I'm out

Based on a careful read of the financials I am out.  Looks like the general market is reacting negatively as well.  Bottom line the financials were not great and there is no indication that ...more  
155
Comment by zerocool42on Mar 16, 2015 9:10am

RE:RE:Burning through the cash again

No.  According to the financials, the company was sitting on $8.6 million in cash at the end of F2015Q1, and $6.8 million cash at the end of F2015Q2
90
Discussion
Comment by runner115on Mar 15, 2015 3:31pm

RE:Burning through the cash again

He y did you make that number up
72
Discussion
Comment by zerocool42on Mar 15, 2015 12:33pm

RE:RE:RE:RE:Horrible business results!

financials are available here: https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00013583
83
Discussion
Post by zerocool42on Mar 15, 2015 12:22pm

Burning through the cash again

$5,106,420 in expenses vs $2,823,082 revenue.  Not good. Only burned through $900000 +/- cash last quarter, but burned through $1.8 million cash this quarter.  They apparently love to ...more  
123
Discussion
Comment by runner115on Mar 14, 2015 8:33pm

RE:RE:Horrible business results!

Access and usage fees increased fom 1.8 million to 2.5 million cash profits increased from 49 percent to 61 percent
69
Discussion
Post by runner115on Mar 14, 2015 8:28pm

future

Looking really good for the future
60
Comment by buybuyon Mar 14, 2015 7:12pm

RE:RE:RE:Horrible business results!

The year over year results looks pretty good. The last quarter may have been slow due to the oil issues (big companies likely weren't too concerned with signing up for e-billing solutions with ...more  
91
Discussion
Comment by Papagalloon Mar 14, 2015 8:37am

RE:RE:Horrible business results!

A virtual standstill on new business....I did not see the revenues posted.....but why no viral growth for the network?
88
Discussion
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