Post by
Polebrook on Oct 28, 2015 4:18pm
Awful results
$80K in revenue (down 7% since last quarter), added a whopping 3.3K users to 3DGo (31K is a long way off 50K and it seems unlikely they'd hit 50K by the end of the current quarter) which resulted in a 2% decline in rental income quarter on quarter despite an 11% increase in registered users. And they spent another $630K getting there to reduce their cash to around $900K as at the end of August (financials aren't up on Sedar yet). How can anyone defend this latest set of results???