yes yuff I expect a 2.8m loss including goodwill writeoffs

snappy
can't see it anywhere near that, it was only 400k loss in H1 incl goodwill write offs, they must be almost cash positive now therefore i see the loss just under 400k if they have received all sb and oem money.
Seeing as we have not been told anything has changed we have to assume they did receive it.
Never know we might even make a small profit.

Profit and Tadpole - surely an oxymoron but we can live in hope. It seems I am, although Snappy keeps discouraging me from such hallucinatory feelings.

oh come on Yuff if they were about to breakeven or make a small profit people would have got wind of it and the share price wouldn't be 3.5p Bid.

Also they would probably have put out some sort of trading updating hinting at profitability.

Fair point Snappy but what is the current management forecast - have they explicitly stated that they expect to make a further loss, otherwise there is no need to update the market. I would also add that as the profit/loss will only be reported in a couple of months I doubt whether anyone knows excatly what the picture is (esp if it is a small profit or small loss). One thing I have noticed though is that GEM has not been mentioned in the last couple of months - long may it continue.

GEM is always a possibility until the Co's funding improves.
Either by profits or a cash call, I think the former is not too far away now.
But i could be wrong, I have been before (dont tell the wife).

M

What is GEM?

GEM - the fastest way to dilution (or should that be dissolution). Tad sells shares to GEM and use the cash price to pay extra bonuses to the Board. Something like that anyway. I am sure ML and Snappy will have a different way of explaining its usefulness.

Snappy
How do you get anywhere near 2.7m when H1 was 400k loss, H2 is always stronger for cartesia and the streaming division have about $3m coming in from Softbank and the OEM in sep.
Your figures for losses are pie in the sky numbers and if that was the case we would be drawing 300k a month from GEM, how do you explain that, Tad have no cash in the bank therefore how are they continuing to trade?

Look into my eyes, into my eyes, not around my eyes, into
my eyes.....click.....Tadpole WILL make a profit :-))

yuff

goodwill write offs of circa 2m

snappy

i didn't think there was anymore write offs available and it had all been written off last year.

let's wait and see yuff. i'm sure they'll be able find at least a few million of write offs if the apps express has been thrown in the bin by SW and then there will be some redundancy payments as well.

You are "reaching" Snappy - which is not your style.

Snappy

the only person who would have got a decent redundacy pay off was KEB and we were told at the AGM that he didn't get a penny!

Do i recall a certain David Lee promising he would buy shares
at the AGM too ?

mackem

yes you certainly do!

well I'm only go by what I have read over on the eyes....

DYOR

(oh and still trading south of the 50MA - at this rate it will be 2p by Xmas - as the great stock guru used to say - could be a really good Xmas)

can't believe they are still trading

Oh, hello Taff, you still posting here ;-) Does Martini still have some of this cr@p?