Fantastic ....To keep the share holders up to speed on developments Attwell and co promised to send out qtrly reports.
Bang on target ..report released
News that the aussie dollar is holding back the bottom line is ok given the amount of interest the company has been receiving in it's star product bablefish.
With revenue pushing up toward 30% and costs dropping like a crown larger at a Brenden Favola BBQ , we can only stand and aplaud the crew at ISS.
Working capitial sits at $6.2 mil and the global crisis is fast disappearing in the rear vision mirror ..if the crew can keep revenue streams ticking for the next 3 qrt's we are going to be in a pretty good position come year end ...one would almost be assured of a return to the days of capitial returns and Div payments !!!
And we know Attwell isn't tight ..he likes to spread the love amongst the ISS faithful !!
Looking forward to further positive up dates !!!
ISS Price at posting:
24.0¢ Sentiment: LT Buy Disclosure: Held