TSXV:CYX.H - Post by User
Comment by
kiskadogon Feb 02, 2017 6:11pm
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Post# 25792227
RE:RE:RE:RE:Letter to Shareholders released!
RE:RE:RE:RE:Letter to Shareholders released! - Generated approximately $100,000 in revenue for the twelve months ended December 31, 2016, an increase of several hundred percent when compared to revenues during the same period in 2015.
We have a very long way to go and need some contracts cause if they did $85.000 the first 6 months of 2016 that means less than 1/2 the past 6 months ? ? ? - Current growth rates suggest that the Company could achieve positive monthly cash flow by the end of 2017.
"COULD" being the KEY word here . What are they suppose to say - we are not going to be able to pay bills on $ 100,000 revenue much longer