Has anyone asked management why South Africa should be any...

Has anyone asked management why South Africa should be any different to China? Or for that matter why QTK's partner in China recently took up a placement in SMA, a company that offers rival tracking technologies to QTK! Isnt it bizarre that China Alarm Holdings would take up a placement in a competitor if they had any intentions of honouring the QTK contract?

Also how are QTK going to pay back the Bell Potter noteholders to the turn of $5.5 million later in 2008 when they are surviving on a $2 million loan from their largest shareholder?

On face value QTK appears the biggest certainty to me to go into administration since CMQ. I cant find one iota of credibility amongst this mob, nor any evidence that there is hope of a future here. What a kick in the guts for honest people that bought shares in QTK in good faith on the back of the massive $380 million Chinese contract. The silence on that deal is deafening!!!!!! I wonder what Ian Porter from The Age Newspaper is thinking.