buyers, page-6

Liliac

It is a shame you lost out on CXN, as I am glad I never bought a single share. It stank from the start. I think investors in small/micro caps should pay more credence to balance sheet strength & Management/CEO shareholdings (If a small cap CEO doesn't have a large chunk of skin in the game, don’t buy)

I noticed you are very vocal on ONC yet you hold NO stock.

ONC's balance sheet has close to $20m cash, Nil debt (Something CXN didn't have), is cash-flow positive and a 50% share in SmartPass. If and when they receive final Non-Banking-Payment-Licence they have stated that they have received expressions of interest for their 50% share of SmartPass for which common sense would suggest sale price to be in the multiples, yes multiples, to current share price.
Whilst we wait patiently, we can sit back knowing ONC’s SmartPass business (www.smartpass.com.cn) is continuing to grow its float and merchant base and more importantly its Brand.

I sleep well at night knowing that my investment in ONC will be not have the same fate as CXN.

Merry Christmas to all.