Safe-T Group Ltd (NASDAQ:SFET) Q3 2022 Earnings Call Transcript

So, from consumer acquisition perspective, due to the fact that our model is working very well and is very attractive from IR perspective, we think that we can fund it even forever on this rev-share model and keep the company to be, look at the difference between the cash in the last €“ in the end of the second quarter to the end of the third quarter and that we can keep like this for many quarters. And again, in the phase of the market positions and in many other terms, but we have some plans and we will adjust the plan according to the market conditions and the growth rate that we will define for the company.

Jason Kolbert: So, I hear you saying is that you can take the current cash balance and with adjudicating expenses, you can manage on this cash balance until their market conditions allow you to bring more cash into the company.

Shachar Daniel: Absolutely.

Jason Kolbert: Okay. Thank you very much. Appreciate the update.

Shachar Daniel: You’re welcome. Thank you.

Operator: Thank you. There are no additional questions at this time. Would you like to make any closing comments?

Shachar Daniel: Yes. Thanks everybody for joining us today. We look forward to continuing to update you on our progress. Thanks.

Operator: This will conclude today’s conference. Thank you for your participation. You may now disconnect your lines at this time.