We all have seen how difficult the financial scene is at...

We all have seen how difficult the financial scene is at present,which obviously means it is hard to raise funds, & this is especially so for small companies living on the edge, like mikoh.

Richard Sealy has done a lot in a short space of time [ under severe pressure],& most of us regulars have egreed that he is going well & got the finances under control. In doing so,he has had to dilute our holdings,but better this than than the alternative.

The process seems to be quite complicated,with different new companies involved. I must say I am a bit apprehensive about it all, however we have given R.S. a good mark to date, so I am prepared to go with him on this new initiative,despite the fact that we are bringing in a lot of outsiders.

We all have to hope the new board,& especially Anthony Snape,know what they are doing. I am surprised that there are still sellers at these low prices,with current progress,but, the 2nd GFC IS on it's way !!