This is the former 'late cheque' thread continued with a more...

This is the former 'late cheque' thread continued with a more apt name. Here's the update:
No response from CIO (after about 3 days). No cheque has been sent yet.
So here's the probabilities:
(1) Cash flow problems and avoidance of angry, sick-and-tired creditors (very stupid) - 80%.
(2) Incompetence (very possible, but due to overwhelming possibility of option 1, not likely) - %10
(3) Putting funds into what they consider to be more important areas rather than paying angry, sick-and-tired creditors (very stupid) - 10%.

So in summary,
(a) There is about a 80% chance that they have cash-flow problems.
(b) There is a 100% chance that at least somebody in the company is very stupid.
(c) They will have some explaining to do if they don't act very quickly.

I'll keep you up to date (at least somebody in the know is doing so!)