georges,from what i gather from the general meeting, im...

georges,

from what i gather from the general meeting, im
expecting they record a loss 05/06FY, report due early-mid sept. having said that sales are increasing. looking to be profitable 06/07(?).

as a result of changing the company name, company structure will become more streamlined, taking approx $2m away from costs.

overall meeting seemed positive. more focussed direction. newsat aquisition said to be bringing in new and bigger customers/opportunities. not much reported to public about these contracts due to confidentiallity of contracts(?)

been in and out over the past 3-4 yrs, leaving me just under break even on this one atm... hoping 4 the next sustainable run up. i'll believe it when i see it....fingers crossed.