cash burning out, page-8

Johnny im not talking down the stock by any means, and yes i still hold a holding.

Thanks for pointing out my comment back in May (though trying to make me sound negative) - because if you took time to check it i said that when the share price was 1.8c, while everyone talking it up well over 2c and then it went to 1.3c (not 1.2c but close)with in 5 weeks and now back around the same levels again.

My point was always around the market and what it tracks - not an individual company, which can be seen on the below link:

http://hfgapps.hubb.com/asxtools/Charts.aspx?asxCode=MGK&compare=comp_index&indicies=XMM&pma1=0&pma2=0&volumeInd=10&vma=0&TimeFrame=D12

The assets may well be good, but without cash and partner soon I was just stating that these lveles will remain until more news

Rob - glad you speak to the company to clarify accounts are all paid (surprised they would tell you this)- im assuming if this is the case we will see still cash of over $1.3M in the next qtly or their creditors are just getting larger.