update out and looking beautiful, page-6

RE:

Q1)Have you boys been taking lsd ?

A!) Glad I got your attention. If this is still 10cents in DEC you can bag the crap out of me and tell me I was a fool. But for now hold your fire.


Q2)The company originally expected 12mill book value by Jan08
instead they will have 8.5 mill in Feb."If successful"the co says.

A2) I am not too fussed about wether the short tern predictions are spot on.. the big picture it what counts ( unless you are a short term trader) .. if they are a few months out so what??


Q3You confuse book value and profit.This is not projected profit .

A3) JH can answer to that one. But remember in my calculations I was ultra conservative so if profit is only 15% of turnover then with with a PE of 12 the figures still stand.

Q4)What is this about Gamar site works?What is it and have they tendered ?

A4) I am not sure on the specifics, but my hunch is that the company hasn't even shown the tip of the iceberg yet.