i repeat again >>>, page-22

Great ann by TOX today. I actually had forgotten like most people in the last month that they were going to sell the tank claning business. We were so obsessed in the thought that an acquisition was looming. Very surprising that the share price went back a bit post announcement. Im sure that will be temporary.

Some people on here have said that it would increase profit by $400k per year. That is correct but it should be remembered that TOX are reporting on an EBITDA basis. Therefore their EBITDA will not change at all as the interest component is not included anyway in EBITDA.

I would like to see TOX report on net profit before tax. SOme people on here believe that EBITDA is the same thing as profit. Although EBITDA for the first qtr was $950k, the net profit before tax figure would have been less than that. I think if TOX have got nothing to hide they shoudl be reporting profits on a net profit before tax basis like they always had. That way the ability to distort profits is lessened.

It is probably the only fault I can find in TOX, LOL

Really looking forward to hearing what the general consenus is at the AGM and the acquisition possibilities and other possible uses for the $3 million that they will receive from the options.

Cheers