seller still there, page-15

One thing that does mildly concern me is the length of time they have been projecting the same / similar profit.

For a business of this size to be projecting the kind of number they are for around 12 months is almost too good to be true.

Hence, again (sorry for those bored with it) why cash flow statement will be important. You can make numbers say what you want, but cash either exists or it doesn't. Time will tell.

MJS