Good News Bad NewsWell lets' see we are a junior high tech company basically still in the R& D phase of the potential opportunity
which makes AMA basically a spec play no doubt about it .
The Good News:
Revised PP will give company 8 mil vs 6 mil
AFIRS 228 product has pending customers
Company already has recurring revenue with existing Afirs
Also expanding sales with existing customers so the product is well liked
THe Bad News:
Lousy time of year to do a PP ( tax loss season)
Recurring revenue not quite paying the bills
Airline Sector still in the dumps and sales are slow and far between
Bottom Line:
AMA accountant needs to sharpen his pencil and get the PP numbers right the first time to avoid
this last minute fumbling for funds . Also AMA need to get this PP fully subscribed to calm
everybody down including me .
GLTA
TO_Canuck