cash flow required

Based on reading ann on 26/08/2009, under cash flow:

"The company has adequate cash reserves to fund current operations. Management anticipates that based on current growth plans, additional funds may be raised within the next 12 months to ensure the availability of working capital."

Once again, they want to raise cash (they have done this MANY times in the past, hence one of the highest number of shares on issue on the asx) for "working capital". These guys have proved over and over again they are taking money from the company and not delivering very much.

As usual any negatives will appear to be "downramping" to get "my order filled".