895k in wages for the sept quarter, page-2

You've lost the plot Smuggler. For someone who's so into FACTS. Here's receipts from customers:

Sep quarter 2007: $658K
Jun quarter 2007: $1252K
Mar quarter 2007: $787K
Dec quarter 2006: $858K
Sep quarter 2006: $1061K
Jun quarter 2006: $787K
Apr quarter 2006: $850K

Home and office security market product was launched 4 August 2006. Clearly the Australia business is in trouble. Revenues for September were 40% lower than the corresponding quarter in the previous year. Its the worst quarter of revenues in the above list. The company, contrary to your previous claims, is not growing, and is not profitable.

The revenue shown either indicates the incapacity to make new sales or a loss of customer-base (repetitive revenues) or both. This could indicate that their supposedly superior solution cannot compete wiht other products in the market (it is highly competitive).

There are no more excuses. Results are now showing the true state of affairs. The question is can QTK get South Africa off the ground?