trade and other receivables, page-13

re: provision for bad debt maybe that is how you read it but is NOT the fact.

you should atke the time to understand accounts.......will give you a lead into how a company is travelling.

Like QTK for example......under Kyriakou went broke and had a loss of some $14m the previous year.

Under Unterwerger...QTK had a loss of $770k for the half year.

a $13m turnaround......which suggests to me QTK now have very astute management

add to this...the $4.5m in receivebles and a current cash on hand of $4m....QTK are in a very strong financial position.


add to this...an enormous $380 USD contract with China and youhave one very exciting stock.

I hope this helps in your understanding.

IF you are in any more trouble and require any more help understanding accounts....just let me know so i can clear it up for you.

I know it is hard for people like yourself to understand accounts so helping you now ill help you in the future.