where to from here

obviously the first information we shall receive will be financial - updates on cash, creditors / debtors etc.

in addition to this we need a financial update on projects in hand - BAE, Larons and Anixter. There are some other deals in the pipeline, but they may still be in the dream phase.

Only once we have both of these can share holders, QVT and the new board begin to contemplate a financial game.

I am presuming the collaboration including Chew, Pool, Sizer and others have given thought to game plan of how to get the technology embraced and get some sales - presumably this includes licensing or distribution agreements - please correct me if i am wrong.

another option is to try and get a global partner to buy in - someone like Southco - we would get diluted to buggery but would you prefer a part of something as opposed to a big part of f8ck all. Saying that Southco are probably waiting amongst others for TZ to hit administration and then get it for nothing.

Hindsight is great and soon as the debtor information was asked for and not recieved - maybe legal action should have been taken then.

I just struggle to get my head around how much fraud there may have been if any and how they intended to escape it - is it a case of this thing gets to nasdaq and no body will be bothered. if this is the case surely they expected better results with commercialisation.

again when i spoke with CK in his final days he honestly thought Anixter was a company maker - just hope this is the case.

MB is a consummate deal maker, I hope he can deal with Anixter like he has with QVT and get a grasp on the potental.

PDT should help with immediate cash flow but more substance is needed for TZ overall - just bizzare we are all in this position when over the last two years the announcements have made it sound like TZ was humming along.

The $25 nasdaq price was the honey - crikey and like many others TZ was virtually a one horse race for most - i did not diversify much into anything else - lesson learned.

I think they should keep the share suspended (certainly past 30th june) until a comprehensive business update is given, not just financial statements for QVT.