ETC is a lot of IFs - which I hope eventuate:
* IF a / the Vietnam deal ...
* IF more Asia / other continent deals;
* Most important one: IF they make the profit projected for June 2009, and the next 6 months repeats ...
* Even more important: IF the cash flow statement shows the profit is $$$$ in the bank
Then all is good :)
Regardless of any contract, first real step IMO will be for the June 2009 to be (a) profitable as projected by the company, and (b) cash flow positive substantially higher than 6 mths to Dec 2008.
MJS
My position is very small. Awaiting cash flow confirmation that everything is as good as it looks.
ETC
entertainment media & telecoms corporation limited