dumping 400K at ¬6 centswonder who/why?!business is still on...

dumping 400K at ¬6 cents
wonder who/why?!

business is still on track and i expect metronet to come online this quarter (SURELY?!?!)

otherwise they will be running very close to the edge with cashflow. i would not like to see another equity raising.

the only issue i have is quantifying the value of potential contracts "to the company" as revenue, rather than contract value.

there are indications in past communications that metronet could be circa 8-10 million, which would make the chinese underground contract potentially worth twice that amount. both are in the pipeline with potential agreement within 12 months for the chinese underground.

it really is a waiting game. through the volatility, there is some comfort in knowing that director and chairman have paid nearer 10 cents for much of their holdings.

anything could happen...