dmx - cash flow positive

First Quarter results are out and DMX is finally cash flow positive.

Annual report also out and it makes good reading.

Joint Venture in the Philippines is self sufficient and winning contracts.

A significant number local and overseas projects at various stages of evaluation.

Confidentiality contracts signed with a number of parties and negotiations are progressing.

Profits to start flowing in the near term.

I would have thought that DMS would be over 20c by now. Whilst is has not fallen, it may be caught up in the negative market sentiment of the last week or so.

2004 should be a good year for DMX and its shareholders.

Al Baby.