No surprises in the accounts? Let us look at the statements put...

No surprises in the accounts? Let us look at the statements put out by CMQ.

As late as June 05, the Chairman and CEO said in a newsletter : Currently we have a sales order of $1.5M. In a recent email to a shareholder who posted it on ss site CMQ said: We still have a $1.5 million CONDITIONAL order with an agent to major poultry producers in South Africa. The $1.5M order had been reported or referred to regularly in CMQ announcements up until the $1.4M sale contract was announced after which news on the $1.5M contract stopped completely. I failed to find the word CONDITIONAL in the description of the $1.5M contract all the CMQ announcements. I welcome anyone with better eyesight to show us if I have missed the word CONDITIONAL in those announcements. Let me take you back to the ASIC prosecution of the company progressing in the Federal Court – one of the charges concerned CMQ’s failure to disclose a sale contract to South Africa had a sunset clause CONDITION. Well, well, any parallel?

In the AGM, the CEO announced that a full container load of CMQ products HAD BEEN DELIVERED to South Africa. Brokers and reporters briefed by the company reported that the $1.4M contract to South Africa is UNCONDITIONAL and NOT FINANCED by CMQ, what does the accounts show? Sept $0 Oct $30K; Nov $0; Dec $0; Jan $10K. Try to work this one out – 1 FULL Container load DELIVERED and not financed by CMQ = $30K + $10K sales receipt to 31 January 06. Probably a container load of manure bird-manure brings in more sales receipt? IF Neo999 posting here “I heard that there is a posibility CMQ won't receive Inviro payment until 30-Jun” turns out correct, how will it reflect on the management's credibility?

To theJudge, how much CMQ sells the product for? CMQ wanted shareholders to believe a ton of the API can be sold for $1M which should raise the question – Why did the APMV approved 2TPA pilot plant together with MP1 at 55% nameplate capacity failed to fulfil the $1.5M sale contract signed in 2004?

Management had explained sales had been hampered by the lack of production capacity – an excuse or fact? The existing plant production capacity and stock in hand far exceed confirmed sales – what’s the story?

There you have it - another big sale contract out of South Africa? IF it comes, will it bring in sales receipt? Will not be financed by CMQ?