Actually mak, I don't think it's a negative for POH not to be...

Actually mak, I don't think it's a negative for POH not to be cash flow positive until 2014. I think its an honest and conservative appraisal of where the company is. Your comments say more about your own perception of negativity about the information.

They've more recently said 2012 to be cash positive. As I said the ONLY way they will not be cash positive in 2014 is if they haven't struck any deals and if that is the case in over 3 years time, something has gone drastically wrong. We have already seen in the last year, many more project pipelines fully paid for by third parties. This trend will ensure that monetary requirements will reduce over time. It will only take one blckbuster deal to make POH become cash positive virtually overnight.

The only negative is for those running around the forum talking about $100m in sales over the next 12 months and those investing on the basis that POH won't need another cap raising.

You see this is where I think you completely misunderstand the discussion. It is normal to discuss what the potential upside is of deals. Putting forward a discussion is not a guarantee, nor an admission, it is just a potential discussion. I, for one, agree that it is highly unlikely that any of the current commercialised or near commercialised products will produce $100mill in 12 months. I believe it takes time to build up product awareness. All I would be looking for is a positive line in revenues over time. However, it won't require $100mill to become cash positive. But then again, if oone of these blockbusters take the world by storm who is to say it won't produce very profitably very quickly?