announcement, page-2

the announcment is out. if u want to know what the announcment is, and your online broker does not provide it, then just look on the asx site - the announcment is available immediatly in pdf format

frankly the announcement could have been a bit more informative

however. looking at the numbers, it seems that receipts from customers is up from $836,000, to $1,380,000 (increase of $544,000) - but staff costs have gone up from $438,000, to $735,000 (increase of $297,000)

i wonder what that "other working capital" stuff relates to - that could hide a multitude of sins

all a bit confusing, seeing that they are still involved in the air conditioning business, so it might be a bit hard to work out what is what

never the less, to me it sort of looks like the company is on track - with increasing revenues, which more than cover all costs, excluding "other working capital"

will be looking forward to the next quarterly, ,and hopefully higher revenues - after gaining fda aproval for the united states

watso is hoping for big things from this stock