Been a while since I've been to this website. Anyway yesterday Westel made an announcement that they sold 12 units of their APCO 25 repeater/basestations. A quick search on the net revealed that another brand sells a smilar product for about $16K which means they should have a cash inflow of around $192,000 coming in soon.
Blackhole wrote: "I concur with above, started to compose a note about directors needing cash at the festive season, but retracted due to uncertainty of libel laws"
Yeah when I saw that the company was extending their SSPP my initial thoughts were that there probably wasn't sufficient interest so they decided to hold out a few more days.
