growth play, page-6

With sales seeming away off . a more pressing concern is cash. They said in the report they would be looking at ways to raise cash.

At this point furthur dilution would appear to be catastrophic for CNN and imo would see us at 1c at some stage with consolidation to follow.

That maybe leaves Bioglobal as CNN's only other source of cash. They may have to raise a mill or two thru the sale of shares ( to fill the void of slow sales ) there which would be a good indicator as to which they value most as the talk is Bioglobal is going great guns.

They have just hired a chief financial officer so obviously there is going to be some work for him.

The next lot of funds raised could be the rise or fall of the CNN empire.

Just hope that Wilson didn't see the writing on the wall.

Sugar I'm heading over to Jakarta next month. Maybe Ishould keep going to Nanjing and check out the set up to ease the pain lol