after reading an earlier post this morning, watso did a few...

after reading an earlier post this morning, watso did a few quick calculations on how he might clean out the sellers at 1.3c - but he would have to sell a few of his others. certainly one to watch, as positive cash flow seems to be rising, and debt seems to be reducing. the cash flow, relative to market cap, is actually quite impressive. based on the latest quarters results, it would take about 18 months tcash flow, to repay the market cap. of course the company still has some debt, but current receivables, probably match current debtors - but then again, this can only really be confirmed, when the company releases a preliminary report to dec 31. it is always possible that the positive cash flow, is because creditors are not being paid. i agree - a stock well worth watching