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3parsnips - Thu, 21 Dec 06 :

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World Television

WTV (are) generating cash flow for investment in the business, however they are currently having to use this cash to pay off debts

Re : Some...of Steve Garvey's Comments in the webcast today :

"We still have'nt been able to work our way through that creditors book...so it will take a little bit longer in 2007 before we are able to use any of the cash flow which we are generating for investment in the business..rather than simply paying-off debts".


3Parsnips

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