cashflow

hmm mixed news he latest anns for me.. havent read them all in entirity yet but i did notice something straight away from the cashflow report... joewolf im beginning to think u are some kind of guru.. :)

here is a portion of the last released cashflow report previous quarter results b4 ydays:
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Operating cash flow for the quarter was ($1.207 million) due primarily to investment in equipment
used in the installation of the company?s Embedded Network Systems, and increased sales and
marketing activity. Operating cash flow was lower than expected due to increased working
capital consumption to fund the company?s growth. There was a minor timing delay in customer
receipts but $1.1 million was received in April 2010. . Intermoco reported cash at the end of the
March quarter of $2.437 million.
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here is a portion of most recent cashflow..

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During the quarter under review the Company recorded $804,000 in cash receipts
from customers. With the change to an embedded network business model the cash
reduction was anticipated because of a change in the revenue curve. The company
expects that cash receipts will increase over the remaining three quarters of FY11,
while costs and debtors will continue to be tightly managed.

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most certainly is at loggerheads to the comment that 1.1million was already banked in april??



ill read thru annual report when i have some more spare time.. also not sure what the 384k this quarter for borrowings is.