re : under control

good to finally see that CMQ's monthly cash burn rate has tumbled below 2 million per month.

looks like the boards new stratergies and direction are working well.

january 2006 - $ 2.2 million
febuary - $ 2.6 million
march - $2.13 million

APRIL - $ 1.55 million and that was with only
$9,000 in customer receipts.

with CMQ having already tallied $2.375 million in intersest til april, they should have over $2.5 million by june deadline. together with there S.A order , the $4 million will be easily achieved.

cash at bank should be approx $29 million.

looking healthier