Agreed, I think the point though that most have a grievance with (certainly I do) is that the half year accounts were presented in such a way that it wasn’t unreasonable to expect a significantly higher amount of cash inflow. The notes said as at 30 June $2.5 million of trade receivables were typically due on 30-90 day terms. Whilst this isn’t saying all terms are like that you would think that it would at least be the majority or a significant portion of that.
Yes, for every buyer there is a seller and this could have been a shorter selling borrowed shares.
Interesting topic that I happen to know a little about! Gives us something else to think about whilst waiting for the eventual grandeur that WILL happen. PANTENE!You had me till you compare fruit juice with scotch.
Scotch is proven in a University study to reduce back pain when taken as directed which is often.
What has fruit juice ever done to reduce back pain.
I call for all Scotch lovers even those without back pain to continue the ongoing research as there can never be too much data.
My opinion only DYOR
FF
AKIDA BALLISTA
There is no doubt revenue side is almost blank but how you were expecting revenue should had been there. There is no product in the market, there is no new announcement which means revenue was not coming.
I’m a believer FF. Here’s to healthy backs. I hope my research can contribute to ending back pain forever.You had me till you compare fruit juice with scotch.
Scotch is proven in a University study to reduce back pain when taken as directed which is often.
What has fruit juice ever done to reduce back pain.
I call for all Scotch lovers even those without back pain to continue the ongoing research as there can never be too much data.
My opinion only DYOR
FF
AKIDA BALLISTA
It may not be out yet or may not have been out for long enough to shift many units yet.
One hundred percent agree with your comments @Slymeat , refined carbohydrates are the root of all evil that is leading many people to chronic inflammation and early deaths.Interesting topic that I happen to know a little about! Gives us something else to think about whilst waiting for the eventual grandeur that WILL happen. PANTENE!
Read on only if you are interested to learn something that may improve your physical health and well-being.
Comparing fruit juice to Scotch was an inappropriate choice to get the low-carb point across. Scotch (as with most straight spirits) has zero carbs, but it does have calories. I had never heard of its back-pain alleviating qualities, but I'm willing to give it a try.
Maybe a better example would have been: fruit juice is worse than coke or other forms of pop drink. Or fruit juice is worse than directly eating spoons full of sugar. And it IS!
The main concern about fruit is that fructose is the enemy. Fructose can only be metabolized in the liver where it promotes the synthesis of fat. And a lot of that fat is stored in the liver which degrades the organ. Excess fat in the liver can lead to fatty liver disease and even cirrhosis of the liver.
Eating whole fruit is much better than fruit juice, the fibre in fruit makes it lower GI and hence not as bad as the fructose is absorbed into the body slower, but overall fructose still ONLY gets metabolized in the liver and places strain on that extremely important organ. Juicing fruit turns it into concentrated fructose and removes the most beneficial part—the fibre. And based purely on nutritional value, you're better off eating most fruit skins rather than the pulp inside.
As an aside, normal white sugar is 50% glucose and 50% fructose. Consuming something that is 100% fructose is worse than eating sugar by itself. Hence my spoons full of sugar comment above.
We have been fed a big porker of a lie by having the food pyramid shoved down our throats.
We have always been told fruit and grains are good for us. They are OK in moderation, but modern agriculture techniques have made them abundantly available all year round, and now they are consumed in excess. That's the crux of the problem and the reason for the obesity pandemic. Dietary fat, derived from animal sources, olive oil and avocado, is NOT the enemy! With the exception of olive oil and some nut oils, ALL other vegetable oils are also the enemy. And butter IS better than margarine!
The food pyramid is wrong and mainly exists to get us to eat stuff that was over abundant and couldn't be given to our cattle because it made them fat! The food pyramid was introduced to demonize all dietary fats, this was based on nonsense which has since been dis-proven. They introduced the Food Pyramid in 1977, in an attempt to stave off a false statistic of increasing heart disease, that they thought was the result of too much fat in the diet. And that is when the obesity epidemic started.
Look at photos of the general population from before 1977. It is difficult to spot a fat person in them.
The US stopped promoting the food pyramid in 2005 and dietary advice is now based on MyPlate, and moderation.
Isn't that still projecting expectations and timelines? I do understand why there is frustration though. I get it, I really do. I've been through a great deal of uncertainty holding and yes it can be challenging. We all have to make our own decisions on what our horizon is and what our goals are.
Problem is the company is not giving us many facts to work with. Most of the information we obtain is from the 1000 eyes and that in itself is pure speculation to a point. Doubt starts to creep in, next to zero revenue and reading between the lines of the CEO address the company is struggling to gain traction. Plenty of big companies are interested in testing AKIDA but are they actually willing to pull the trigger and commit to the tech. Although I understand the concept of NDA's and their importance in protecting the parties involved it gets to the point where one has to ask - is the silence and lack of news flow due to NDA's or simply due to nil commitment from customers. Also I find it incongruous that the CEO says that sales are the busiest to that the company has ever seen yet we are looking at almost zero revenue as a result...wtf? I guess even 1 sale is busier than none, so he might be telling the truth.....my frustrated opinions only after a long sleepless post 4C night.
Yea it is, but also financials should be able to be relied upon in a reasonable manner, especially when for the most part its the majority of information where provided as investors. If the company had simply made additional disclosure in the financials to say that a significant amount of these receivables are outside the typical trade terms because of x y and z then there wouldn’t be an issue.
Hi bls I wonder how this will affect things?
