That is implied by the Tiger part of my name :)
I was alluding to the fact there are only five pages to the accounts, minimal indeed.
But seriously my apologies to blah if I have offended him/her.
Best Wishes
Paper Tiger
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Not sure what people were expecting sales to be, but a $6,949,878 loss compared to a budgeted loss of $7,148,661 would indicate they are progressing as planned.
Since I got told of yesterday for not reading a 3 paragraph announcement I feel bad in bringing this up but:
Current year other revenue all relates to interest on cash.
However, interest on cash in the prior year is only $342 so there must be something else in 'other' to make it up to $449k
Am I missing something?
2012 Other Revenue:
Interest: $341k8
Grant: $106k7
2012 Trading Revenue:
Cxbladder Sales: $9k6
Licence Fees: $163k5
Other: $24k9
So as you can see the minimal accounts as issued today hide a lot of detail which you will thus have to wait for the final report to discover.
Best Wishes
Paper Tiger
It seems that the demand of this kind of products all over the world is led by the government. The adoption of new technologies is regulated by the government. The local market is strongly coordinated by the government. Cracking the government wall is indeed not so easy as cracking a peanut shell. The patients need to be patient. The shareholders need to be patient.