Small cap shares as you know can easily rise 4 fold on any positive news flow and that is what we need.We can all debate the merits of whether this stock is a dog or not and anyone looking at the balance sheet could quite rightly not touch this stock.I have made money on this stock in the past but sold out because the market cap exceeded my valuation of the business/current prospects and I knew that at the time executive search was still in the doldrums.This is now not the case with the Uk market growing by approximately 15% in q3 as opposed to q2.The company need to produce something positive be it an acquistion or positive trading update.I would be against a takeover as the net debt would swallow up the inherent value of the current business and at this stage of the recovery cycle does not make sense.When the debt level is addressed coupled with the recurring fees that additional business will bring you will see the stock motor as this all filters down to the bottom line.This is why cyclical stocks such as these can do fantastically well in the future.The fact that directors are not buying in at these levels merely supports the fact that they are still in discussions.Were any of you at the AGM ?