Just remember the numbers are not as important yet outside of GROWTH.
This is what matters for numbers FY20>FY19>FY18>FY17>FY16
and the debt fundamental ratios staying within reason.
A growth company is about a proof of concept at this stage when it is on the path to senior exchange land.
FUNN is, at the end of the day what all successful large retail style business are: An integrated supply chain.
THIS is where the value is, all the infrastructure BUILT over the past years. Its also 90% of the business that customers DONT see.
FY18 is already so long ago it DOESNT MATTER outside of showing the growth. and being a catalyst to allow for uplist. (Along with FY19 at this point)
Yes, more $ is always better but understand its the ability to have this supply chain engine showing the proof of concept and the market POTENTIAL is this newly burgeoning BGC industry. They are hand down the LEADER in the space, there are EYES at higher levels on it. Just showing what they have built and its trajectory is good enough at this point.
I actually hope RBSM re-bucketed things in a way, that bring revenues forward. i.e. Disallowed some of the revenues claimed in FY18 and bring them to FY19 just like they did with FY17. That's better for us now.
Since FY19 is 100% on the new system, with LiveCA and the entire new accounting staff all focused on FY19 and on, that audit (and I HOPE we upscale auditors too, but we see for FY19) imo will come a LOT faster now. A couple months, I just have in my head uplist in Q1 calendar 2020. It is POSSIBLE if we were $.25 for 30 days we could start out on the QX. That would be amazing! (and a great comeback story from stop sign days) But I will not concern myself with that, if we didn't start out on it, we will get to it regardless. I personally believe our time on the QB will be less than the time we had a stop sign.
However, the CRITICAL audit to unclog the arteries for the flow of info on the fiscal side of FUNN was FY18. So until we uplist, our position is SO SO SO much stronger. The un-audited numbers will have strong confidence in their integrity they are as reported. The news will flow, the focus will SHIFT back to the great, dynamic growth company FUNN is and has been.
I look forward to the next phase in scale and growth
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