re : answers to faqs

cmq haters here are some answers.

to the rest of us keep the faith. will come good.

to clarify the jump in staff costs for the month of april.

IT IS DUE TO THE PAYMENT OF SUPERANNUATION paid quaterly AN FBT INSTALLMENT PAYABLE TO THE ATO AND DUE TO THE TIMING OF FORTNIGHTLY PAYMENTS. THERE WERE THREE FORTNIGHTLY PAYMENTS RATHER THAN THE USUAL TWO. ALL OF THESE CONTRIBUTED TO HIGHER THAN USUAL COSTS FOR THE MONTH OF APRIL.

MANAGEMENT IS ON TRACK TO MEET THE JUNE 2006 CONVERTIBLE BOND COVENANTS OF GROSS REVENUE FROM ALL SOURCES OF AT LEAST 4.0 MILLION AND HAVE LIQUID ASSETS OF 24.0 MILLION.

OUR AGENT IN SOUTH AFRICA WISHES TO PROCEED WITH THE 1.5 MILLION CONDITIONAL ORDER DELIVERY IS SCHEDULED FOR AFTER 1 JULY 2006.

straight from the horses mouth CHEMEQ

at 40 cents keep buying when sp goes to late.