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Sub .5p buys are history. It`s true I tell you.

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ErrollFlynn - Wed, 25 Dec 02 :

nevada

They won't even buy any bloody share let alone pay debts out of their own pockets. Comparing you as an individual to a PLC is stupid and shows how little you appear to understand the regulations that a PLC has to adhere to. If QXL cannot use the EC then they appear to have only 4 months cash left with no further chance of raising finance IMHO as a result of their rather pathetic trading record. Under such circumstances the Directors simply could not IMHO continue to trade legally as they would not be able to pay their debts in accordance with the terms of their creditors and also they would by then have a massively insolvent balance sheet. Why are you unable to accept that?? At 31st December I expect QXL to have slightly under £4m in the bank and only have turnover of £1.5m for Q3. A one way ticket to oblivion IMHO.


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