how much revenue received in last quarter, page-3

read the announcements dated 17/10/2007 & 6/12/2007.

the 17/10 ann highlights that zyl's sales income for just the first quarter of 07/08 was $1.7 million. at the AGM it was explained that sales could take up to 3 months to convert to receipts.

the 6/12 ann confirms that zyl were then on the cusp of becoming cash flow positive. since that time several new deals have been announced.

my understanding is that zyl are not in desperate need of cash due to very healthy receipts that are now flowing in from announced contract wins. if they had needed cash surely they would have done so with the last ann which sent the sp to an intraday high of 15.5?

at the agm zyl also made it clear that any future capital raisings would be done on very favourable terms to the company. personally with the low scrip they got at present 161 million shares, i wouldnt mind a big investor taking a chunk, so long as their intentions were to support and build the company, as it may give someone big enough motivation to push the sp higher on market.

zyl have a very exciting story to tell and the upside to this stock is far from done yet imho. wait until the big contracts like the bank pilots are converted to full scale contracts, i dont think we will see these levels for dust.