RE: Another no profitable Contract9 May 2025 08:32
These sorts of contracts tie in employees or researches, that you then have to pay a salary. Add on listing costs, property leases and corporate costs, the company will always be out of profit.
Ignore strange highlighting of new customers or pipeline and stop throwing around catch words like AI. Too many promises of Jam tomorrow.
These contracts will only take the company up to the next placing. Why do I say this? This is what history teaches us. It more of the same and what the same brings is the same old outcome.
The format of the company is broken. It bids for non profitable contracts and that is all it wins and today is another non commercial contract which now the company has to pay salaries to complete.
Next placing is already being planned. The company is never going to reach profitability. Actually it does not need new contracts as winning more brings in more costs and higher salary payments.
The company should really be seen as a charity, and mot a business that is profitable and rewards its investors. It’s a company that will bleed you dry with promises that it can never deliver.
More contracts = more costs.
All contracts won are non commercial. Always has been and it appears again, always will be. AVOID