Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-23

Hey Time232, I've been asking that question online at every 4C presentation for the last 18 Months. I don't have a video reference for you but my recollection was not necessarily that he had a more confident demeanour about his response, but that he did say it was being negotiated now at the highest levels on both sides and progress had been made. It's the one consistent ongoing negative from Dubber's quarterly reporting that sticks in my craw. It's hard to believe that negotiation and collection of a debt of such comparative insignificance to a company like IBM couldn't be sorted out within now more than 2 years of negotiating. It's something Steve McGovern is really at risk of losing my confidence as a CEO over. For mine, even if they just said let's take half the debt and move on with IBM still a huge customer, I think I'd be happy just to have it resolved. But the constant cloak and dagger evading of the question and lack of resolution just undermines faith in his negotiating ability. Let's hope he proves me wrong and comes up with a great outcome.

Spike