Is it all Gloom and Doom and time to Gloat?

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euro99 - Thu, 21 Dec 06 :

Points from Webcast:-

1. Sales people need to be strengthened and new business found outside existing offices
2. Balance Sheet a problem
3. Already up to capacity on webcasting (why is this??? !!! - it is supposed to be a scaleable platform!!)
4. Want to begin product development, which has been lacking, next year but frustrated by lack of cash
5. Cashflow too tight, paying off creditors the priority
6. Working capital too low for comfort
7. Loan note deadline the boards biggest priority.

I would suggest that a number of apologies are due from posters on this board to me in particular, in view of the fact that the points above are exactly what I have been observing here for the last few months.


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