Yes, I think Quadrant may be about to enter a purple patch with...

Yes, I think Quadrant may be about to enter a purple patch with news and a promotional campaign.

See my post yesterday in which I reproduced the Chairman's "Letter to Shareholders" which went out on Monday. It seems that after a long period in the wilderness, QAD's suite of telco investments is finally beginning to look up.

ETSdirect Pty Ltd contributed net returns to the Company of over $325,000 over the past nine months.

Approach Telecom Australia Ltd completed its first month of operation in January showing great promise by managing to break even.

And the biggie, Bareena Holdings Pty Ltd, which houses a major investment in Iridium, the global satellite network, is beginning to show real promise.