Ann: TSI India wins a further 800 ATMs under contract, page-27

FTTT and Tony, let me just say I do agree with a lot of what you guys print and enjoy reading your posts, I do however have some concerns which in my opinion are affecting this company and would welcome you or anyone else on this forum proving me wrong. See below,
- TSN only owns 25% of TSI
- TSI is cash flow positive but 1/4 of $325,000.00 or there a bouts which is the cash flow positive component is hardly going to top up the cash in TSN's coffers and the owners of the other 75% will want there money back first ( Gary salary alone is more than that by itself )
- It will take years and years and many more ATM's to really achieve enough cash to adequately fund this business going forward and only owning 25% is an issue.
- TSN has very little cash
- TSN is highly geared in terms of issued capital over 1.7B shares ( I know Ive mentioned this before ) but in my opinion it reduces the likelihood that the share price will increase, you just have to look at the sellers, far to many non believers looking to get out for only a small return. ( supply and demand )
- TSN has no real tangible assets apart from the TSI investment and the relationships with various banks etc, ( good will )
I do not think that the last announcement was adequate as an operations update,and I hope it isn't an operations update it was only really an announcement regarding the ATM's. What else has been going on?
Please TSN give us the full story.
Comments !!!!!!! Be kind also its constructive criticism's.