last day to accumulate, page-4

Poor Jason, dont understand tax loss? Put simply if CMQ loss, it goes into liquidation and you cannot claim a tax loss until the liquidation mess is finalised and that usually take years!

EVEN IF CMQ win the appeal, the bondholder may appeal again. At the very best, the bonds are due for redemption in March 2008 - not a lot of time for CMQ to turn the ship around bearing in mind that:
1)Zero sales for the half yaer ending 31/12/06
2) Proven poor management with a proven record of poor corporate governance as well! (Pleaded guilty in court for failure to inform shareholders)
3)Unable to sell product as the court document revealed the product is not the silver bullet CMQ like us to believe.
4) Executives who rewarded or attempted to reward themselves at every opportunity. - Melrose doubled board remunerations in the face of shareholders' revolt and this is repeated by recent attempts to reward DW Williams with millions of free options.
5) Misleading shareholders on sale price and shipments to SA and many other Teflon announcements.

In summary, it is a company with a record of bad corporate governance and poor management coupled to a single desk product with short shelf life and negligible sales for years.