Rob 111
Creditors are now only owed $300,000 and this will be paid this financial year.
A small dilution will occur if another $2m is raised at say 5c in coming period. However,a surplus is anticipated this financial year.
Water tanks, fish tanks, and water remediation contracts are anticipated shortly.
CMN expects to be relisted within six months and be profitable 2008/89 financial year.
Ian Cummins has not diluted our share holdings to date and with the troublesome times he has had to go through, I don't believe he will do so now. I believe he will stick by the share-holders who have remained loyal to the company.
With Graham Edney as CEO and a strong Board of Directors, CMN can turn into a success story for all of us.
cheers
Max
CMN
cumminscorp limited
asia turns to cumminscorp to clean up:, page-3
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