letter to shareholders

Well, well, well...

It would appear that we will not see a profit this financial year.

"As a result, NewSat is in a position to generate month on month growth in 09/10 and will deliver its maiden profit."

That means they didn't make it this year. My forecast seems to be accurate after all. I still expect a close to even result but as I said, there are about 3 million dollars missing in my books.

Well, at least they know that they are now going to be profitable. So all we do is wait and see. Sounds familiar... :-)

It's looking good.