TSXV:PAI.H - Post by User
Comment by
JBtacticson Jul 14, 2020 10:06am
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Post# 31264852
RE:RE:RE:RE:Financials
RE:RE:RE:RE:FinancialsI agree - it was to be expected. The 700k goodwill impairment expense doesnt help the performance. it is only up from here in my opinion. Hopefully they might have something to book to help the balance sheet in Q1 with intangible assets for patents or of the like - That would be a win for Q1 release but expected net loss still. They have minimal expenses currently and can suistain that with 1000 units per year to have consolidated net income and build free cash flow. I truly think this can be big but this management team does need to communicate what is going on to start some hype. It would be nice to know how they are going to sustian this with free cash flow and further invest for additional revenue streams instead of constant deficits and levarage.