@TECH I can't see how $0 income at this stage of the company's journey could be considered stable? If we are to judge our CEO as he wishes to be (on results rather than effort) then the 4C numbers need to reflect that. In my view it would be disingenuous of him to claim the technical advances as a signal of his success - these were well underway before he arrived. Sean was hired to head up the commercial growth of the company and if the 4C doesn't show some good progress he will, in my opinion, be guilty of making statements that were, lets say, enthusiastic rather than realistic. I hope that doesn't prove to be the case for all our sakes...............
toasty, thanks for your views, you haven't understood the message I am attempting to send.
The figures I have suggested will be very close to our current position, which, if read carefully as the
big picture, currently I believe that is a
very stable financial position to be holding.
I purposely wrote zero cash receipts for the 4 month period mentioned, because one, you me or any other shareholder has any idea of what the cash receipts will reveal, I could have suggested 3 million USD of the 4 months, which would put us in a much stronger position, then I added how Renesas shortly, if sales go well, will open up the door for our first royalty stream to start flowing, doesn't that elude to being stable as we have
only really just touched on the commercial highway ?
As you know, we achieve revenue from IP Licenses, out of Renesas and Megachips, how much is outstanding for the period 1 January to 31 March 2023 for example ?
We have no royalty fees due, the only revenue in real terms that I could have suggested would've been engineering service fees and sales of
our SDK and boards etc, which will again add to our overall stability in my view.
I have written very recently to 2 company executives suggesting that Chris Stevens is interviewed on our home podcast, to discuss how the
sales worldwide engagements are tracking, what, if any headwinds the company is or has been facing, timelines and his overall take on the edge AI market.
Chris is at the coalface, and I'd like to hear from him directly in a podcast.
My own views...regards Tech (Perth)