skg closes at 66c so cornells get a 6% discount to, page-9

Lifo....Brad has raised some odd comparisons with BQT...god knows why.

But since he has.

BQT does NOT have any loans.

SKG have a $850k loan with a further $20m credit facility.....all of which cannot be touched until SKG repay the $850k

BQT does NOT have any debt.

SKG have $850k at 12% plus a further 6% share discount

BQT has plenty of cash .

SKG has none (after paying the loan back)

BQT are announcing deals ONLY when purchase orders are received.

SKG has announced a $29m deal with NO order or money.

BQT are dealing almost exclusively with Fortune 500 companies and Governments

SKG are NOT.



Now of course BQT is a spec stock and i have made it publicly known they need to announce a major deal to move the to the next level.

I would rather wait for BQT to deliver then wait for SKG to deliver this $29m from the Russians.

On balance Genner has delivered what he said.

SKG have promised something and are yet to deliver.