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notready - Fri, 29 Dec 06 :

I stand corrected.

Have just spoken to the fd, kishor sodhra.

The £12k share of losses of associate are DOM once it ceased being a subsidiary on part sales.

The negotiations with CCI are NOT a negative dispute. He said the wording would have been specific and the auditors would have insisted if that were the case. He could not elaborate but hinted that the qstik negotiations have expanded beause CCI want something bigger. I got the impression that the negotiations, cash and future structure/funding are all interelated.

Maybe some of the corporate theories expounded here might have some basis....but that is pure speculation on my part.

They are very optimistic about qstik and sales therefrom, but accept there has been a delay - this was a developing technology product - a comment from him, not an excuse.

He repeated when pushed - not a negative dispute.

;-)


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