Bobbyvee, back when they were 20c they had around 430mill share...

Bobbyvee, back when they were 20c they had around 430mill share on issue and no debt, now they have 20mill in debt due in 2010 and 530mill shares on issue, and they still need to show an EBITDA profit at the end of the Dec quarter, if the do this at the end of this quarter they could justify a 12c share price valuing the company at 63mill.

If there is a small EBITDA profit for this quarter I figure the next quarter would have no restructuring charge and be much greater justifying the share price to drift up to 20c.

Full year revenue should be around 80mill and the only thorn in HYOs' side this year and next will be HongKong and China which would not surprise me if they write it off.

Regards.