MichaelYou have a good point re. cashflow and burn rate, and yes...

Michael

You have a good point re. cashflow and burn rate, and yes there is no information regarding this. I just saw, from a lone investor's point of view with limited business experience, that most of the information presented was explainable. Yet again, you raised some good points, and hopefully they will be addressed as time goes by.

At the same time, there are serious consequences on any board, if they erroneously or maliciously make unrealistic forecasts. It is not in a company's short/long/or for that matter, any/term interest to beat up the market and then to be found wanting. I truly believe this adjustment was not expected until the last minute as suggested by Kiril, on another forum.

For the company to re-affirm, albeit adjusted for the controversial 2.1M their FY11 forecast, must mean something is happening. Of course, the revenue could all be expensed through equipment, etc. You would think, and in my case, that they can achieve these revenue numbers without burning it all up in expenses. Only time will tell.