update, page-4

Newtg, this is the other NTTG

I was once a shareholder but got out because of the BS - saw the writing on the wall but have nevertheless countinued to follow just in case things change. anyhow, when i got out share on issue where about 3.5billion, and now in excess of 5.1b. I got in when they had only a few billion.

Anyhow, the problem i see is that when i got out at 1c, the cap value was $35m or so. at present prices the cap value is still $35m, which is proable reasonable given nothing has changed and all the money got from share issues has been spent. You will proably explain tht lots have change, trust me they have promised and promised and promised and nothing came of it. I hope that the Dodo deal does work out as I know some who have held when it was in the 10c range.

But for it to get to 4c, the cap value will need to be in excess of $200m. With out earnings and sustainable earnings of more than $20-30m i find it hard for it to get there.

Dudes, if it gets to over 1c then you are doing well.

But dont hold your breath.