my investigation, page-2

Hi Finch2,

I was also following this one, but the last earnings/accounts that I saw wasn't that flash.

It is slightly undervalued in terms of NTA and SP, but it needs to start to earn (profits) again and not burn through the cash before I take any further interest.

From what I can tell, $4 million was wiped out through impairment of goodwill, which in the long-term is a good thing.

What I do like is its potential and what they do as I see a huge market available to them, and if you picked them up for the low of 1.4 cents, it was probably worth the gamble.

I hope you have success with it, and I'll watch them from a far at this stage.