SeaDragon

[Sideshow Bob]

Couldn't find the old thread.....didn't search under SeaDog however.....;)

Latest results.

SeaDragon-Limited-Audited-Financial-Statements-2021.pdf (usx.co.nz) (https://www.usx.co.nz/uploads/paperclip/documents/2295/original/SeaDragon-Limited-Audited-Financial-Statements-2021.pdf?1625713663)

Still a loss but an improvement

[Sideshow Bob]

- Cost of sales still greater than revenue
- $1.7m in cash and receivables
- $2.3m in inventory (at least 6 months of sales at current rate)
- $52.47m of accumulated losses.....:scared::ohmy::blink:

[percy]

Annual report is sober reading for anyone still holding.