MIK 0.00% 1.5¢ mikoh corporation limited

awesome m.d's update, page-13

  1. 770 Posts.
    re: starting to move ???? yeah, into insolvency! Sales down cash down, inventories up, liabilities up, fixed costs up...and not enough money to make it to July....Um, guys really, I think you need to do more than have sucessfil PR campaign.

    For me, this line from the report says it all!
    "Net tangible asset backing per ordinary security 0.03 (30 Dec '05) cents 0.51 cents (30 Jule '05)." WOW! Talk about sellling the farm.

    Back to the the kitchen drawer....right next to the bin.
 
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