Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-34

Remember Thongo that the next quarter may well be skewed by that $2m of revenue which they say they are remonstrating with the clients. I do find that snippet of information a bit uncomfortable. Is it likely to become a bad debt? Are they likely to lose a couple of clients who represent $2m revenue a quarter? If that $2m was to be an impairment then I would immediately point out that their costs % will certainly rise next quarter and their likelihood of becoming cashflow positive is reduced considerably. I hope it is only a glitch. I am not invested heavily here but I kick myself for not halving my holding during the $1+ period. IMO we will get back there albeit nowhere near as quickly. This ship has turned around and is making headway.