RE:RE:RE:Jul/aug/sept qtrAll we do here is look ahead, like for several years now...and this (to use their own words) for a 'rapidly growing company' !!! Not funny.
Dare one look ahead, given all the false hope we've heard from them??
Let's see. SaaS revs fy were an astounding $130K and the receivables figure must principally reflect the SaaS billed but not yet received. One can sec that this covers possibly AN AVERAGE OF ~12,000 onboards at C$58/mth FOR THE FINAL QTR. Presumably that means we have a number greater than 12,000 now. Anyone know???!! Let's say 16,000 (how rapid can growth get!!??) So, 16K at C$58 is almost $1MM/mth Saas revs.
They can make more money,in a qtr (pity it's all dilutive, which Lisa was meant to avoid) if every one of those in the money options and warrants were exercised. But that's plain nasty comment when one considers Lisa is running a rapidly growing company which should be paying its bills with real cash!!!
Can $1MM/mth, possibly increasing to $1.4MM/mth by Dec 31st save this company from extinction?
Of course, all my data is quite suspect given the multi-year history of false promises by the management and the lack of meaningful data/explanations in their financials..