3DM Worldwide - Superstock??

Haven't had a look on this BB for a bit but I see all the usual load of rubbish going on!!!According to some people the company had run out of cash over 18 months ago.....not very accurate were they.I do try a keep some sort of handle on the cash position and I reckon all is well for a while yet as a couple of chunky inflows have been or are due.One is the final installment from the sale of some bog roll factory is some far off place and a payment is due in from Silkwood.Don't actually see cash as a major major issue.The company is basically burning no more than £250k per month.I think the absolute maximum the company would need to raise would be £2m as the Alpha machine is(I think) now about to start toll production generating somewhere near £1m per year profit.The Sudan machine we are led to believe is going to be income generating at the end of next month.

With JP Morgan having built up a 6% stake at more than double this price in the last 6 months I imagine one phone call might raise any cash if it should be needed but I at the moment I am perfectly happy.

Is the FD really incompetent I thought he had a perfectly good track record???


As for the "intangible assets" comment I think someone needs to go on an accounting course-ever heard of a non-cash item???This is a TECHNOLOGY Company what else do you blinking well expect????AstraZeneca bought some biotech company with no assets this week for £1bn........utter madness I hear you say!!!!????!!!


Now Brooks is non exec and a proper CEO is in place I am pretty optimistic about the future.