general meeting 25sep2005, page-6

If you've invested in Newsat you've lost money. (unless you purchased under .03)

I invested in ION who were paying dividends for years, as soon as I put 20K in they paid me a dividend then went broke! Newsat is still running.

Many companies make bad decisions (look at the sub prime fiasco) but as a punter just because the horse has let you down does not necessarily mean it can't ever win a race.

If you hate the horse that much, stay calm and away from the stables.

I think this stock will be a winner, especially for the lucky ones that got in under 1c.

TG