re: announcement out - strong growth That's not strictly true,...

re: announcement out - strong growth That's not strictly true, Sniffer. To quote from the announcement: "... Approach Telecom has achieved positive cash flow over the period…"

So Approach grew its revenues by $185,000 in the one month of March over the preceding two month figure of $100,000 AND was cash flow positive while doing it!

THAT is the sort of trajectory I am looking for in an investment. Tight cost controlling has enabled the Approach people to increase the business rapidly, yet still turn a dollar during the critical (and most expensive) start-up phase.

The moggie with the overbite asks elsewhere in this thread why anyone would bother with QAD, the ultimate holding company of Approach Telecom. The simple fact is Quadrant has three growing businesses under its aegis, and management which is kicking goals.

The question of whether many shareholders are, in the moggie’s words, "stuck" in the stock, is a moot point. I certainly don't feel "stuck" and, indeed, am quite pleased with progress since I began accumulating around 4c. The vast bulk of shareholders purchased at prices significantly higher than currently prevail, and now that the investments made by Quadrant in lean years are beginning to bear fruit, I am very happy to give the story time to unfold.

More news out soon, I understand.