coming months , page-17

new management have said they are very keen to avoid further dilution ... they know mvh has been viewed by the market as a plaything for the former interests and are keen to get and retain shareholders who will stay for the long haul. Maybe a small rights issue to existing shareholders will happen to keep heads above water. But, I'd be more interested in the KSX price over coming months .... with 45m due to be held over time, that potential stake is currently above $9million, so lots of breathing space there to let a few out over time ....

The key thing to remember about the cash burn this year is that management are doing deals all over the world for effectively a new business ... this burn will not be so high ever again in my view as cost cutting, less travelling and new sales staff start performing ...... recurring revenue will eventually arrive from the medical training centres. Now we already know they are going to cost $500k apiece to roll out .... but will be cash flow positive in a very short space of time ... so cash/jv partners will be needed ... may be some dilution, or sell down of ksx stake, but ultimately the business plan rolls on and makes us a viable long term business.

its not about the quarterly, its about next year .... now that's been a familiar refrain, but management have convinced me i wonlt be losing on my 2012 oppies ... lol lol lol