I never read preliminaries..only the audited annual reports.....

I never read preliminaries..only the audited annual reports..

Preliminary and the annual one can be different and it's one of the ways management can use as an excuse..in other words, it's reasonable to expect that the preliminary (unaudited) and annual (audited) report to be different..

My concern was when Todd Zani came to hotcopper ans I confronted him about his previous ezatm company in which he fought with his brother..I asked him something related to cash flow and revenues and his answer didnt come by as someone who understood the meaning of free cash flow..

At the time oxxa and the likes still protected Zani ans accuses me as a downramper..

Then came Zani's commenr about dividens promise in both public announcement and here in hc..that combined with the speed at which he listed stl in frankfurt convinced me that this guy really wanted to prop up the stock price in hope of, maybe, do more cap raise or get an opportunity for him to cash out partly..

Something to think about...