Hi Doc,
YES they made OVER $1mil cashflow positive from the 1st quarter alone.......Not bad for a company capped at only $10mil eh? According to all reports, chairmans address and the extra $560k they received from the WorldxChange liquidation which goes straight to the bottom line, I believe another RIPPER quarterly it is to be expected which will result in a FANTASTIC Half Yearly.
As I have mentioned previously, the ONLY downside is the 695mil shares on issue but once she runs, she runs hard.
I too believe ETC is worth AT LEAST 3c based on current fundamentals.
All the best Doc.
ETC
entertainment media & telecoms corporation limited