Annual Report Due 10 Days, page-9

Yes you are correct.

I'm being ambitious and hoping Domenic does indeed pay down all debt within the next 6 mths, leaving a healthy cash flow in return.

Domenic does have a history of impatience when it comes to growing a company.

Hopefully he has learnt some valuable lessons with the purchase of Track.

Having said that, the purchase of Track has enabled CM8 to leverage the question and answer business very well. He just had to borrow at rates 3 times the going rate and buy a business at the end of its growth phase for too much.

Lets hope he holds and allows CM8 to grow organically for at least the next two years before any further acquisitions are completed.

Then we should begin to see some confidence and the share price start to reflect accordingly.

Cheers Lute