Going by the Chairman's address you can see why Engin is so far ahead of the other VOiP companys.
A few Quoites from the Chairman address.
Engin has been placed in an improved position.
Engin is financially sound with "substantive Assets".
Improvement in gross margin and staff reduced by 53%.
Reduction in EBITDA.
Engin expecte to achieve cash flow and EBITDA break even this financial year.
Development and build of the ADSL2+ infrrastructure.
Entered a new phase of marketing and promotion.
Substantial upgrade to website and refinement of products.
Bundle ADSL2+ and VOIP.
Significant improvement in customer satisfaction.
Going forward a numder of key objectives.
Drive to cash flow positive and then build cash reserves.
Engin is now in a good position to grow customer base.
Objective will be cost efficient and profitable growth.
To take advantage of many opportuities we believe will arise in the internet telephone and ISP space.
Thanks must go to the new look board for such a great job in truning this company around.
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