Is it all Gloom and Doom and time to Gloat?

The board acknowledge that they don't have cashflow _to reach their potential_, yet they have enough to reach their pre-stated objectives in '07 of faster revenue and profit growth, improved margins and +ve PBT. They've clearly stated that they are sticking firmly to this guidance and have said: a) cashflow is improving; b) growth in webcasting is continuing its rapid growth and demand is likely to continue; c) more significant client wins

This is what I'd expected the company to say: That it clearly shown itself to have the ability to be profitable with the existing cashflow, BUT if it had more money it would immediately be put to use in an improved trading performance.

I'm sure that negotiations are already under way and I wouldn't be surprised to hear if PR Newswire were party to these negotiations, perhaps in exchange for a small stake in WTV.