BET Ann: Q3 FY23 QUARTERLY ACTIVITIES REPORT - 28th Apr 2023, 4:27pm

[Uraniborg]

I keep referring to 2 things:
Money in the bank-Over $50million
P.A, Revenue of $100 million .
Unless I missed something, I don't think the BETR deal has added anything to the revenue dollars..
We need to wash the redundancy payments off the books and cut the fat, once that's done we should be cash flow positive.
The current stated strategy will be a good thing for us. Do what we do best.
Lets wait for Q4 results before getting out the lifeboats.

What redundancies? LinkedIn says headcount isn't yet heading south.

 

[Lattelarry]

What redundancies? LinkedIn says headcount isn't yet heading south.


View attachment 35704

Yeah it hasn't changed from 162. But they are still hiring. And Bucko needs to remove his CEO title. Preferably change his employment to somewhere else too as I doubt he is going to bring in much revenue. He only did it before by giving away huge amounts of stock/options or purchasing companies.

Why aren't they earning anything from the $50m in the bank???