bazzaroids research Skynetglobal have a deal with an Australian...

bazzaroids research Skynetglobal have a deal with an Australian company to supply $29 million AU, worth of wirless prducts.
The cash will be paid to SKG on or before June 30, and will be booked in the last quarter of this year.
They currently have over $800,000.00. in the bank.

The have a equity deal with Cornell exchanging shares for cash, this balance is reduced with trances of shares until August 2006.
SKG will not draw down on the ASX cornell facility until the $850k capital is fully paid, but still have access to a further $14 million that will be issued on the AIM listing....where further expansion is planned.

Every one of Bazzaroids statements below are wrong, and shows how poorly Barry researches his comments.
Barry has a history of poor investment.

Post #597463 Why if its prepaid, its not included in the current quarters results?

Post #597463 SKG say they will defer revenue and record it when goods are delivered.

Post #598222 Some contract with a Russian developer.....LOL

Post #599349 SKG has taken on board a $850k loan at 18% and is payable over a very short period.....2 months i believe?

Post #599349 I think this lender wants his money back quick......notice its is fully repaid before the market will hear about the Russian dodgy deal collapses?

Post #598207 $200k in cash they do not have enough cash to last the quarter.

Post #598218 Thats an effective rate of 18%

Tex.