MINORPLANET 2004

I visited the Finance Director a month ago and I don't agree that everything is so bad long-term. They are still doing deals and the performance of the Australian division impressed me. Personally I think the progress in Germany and Holland (still loss making) is going to be more important than the UK.

I just hope they sort fundraising out sooner rather than later though so they can look at growing the business again.

If you didn't see, Remote Dynamics (REDI.NQ - ex Minorplanet USA) regained Nasdaq compliance yesterday as the price had sat above $1 for more than 10 days. MPS own 900,000 shares. Not worth much at these levels but one to keep an eye on over the next year.