TEO - Ready to go into Orbit!

Liveit2, the Debtors represents unpaid invoices. If they did lend money it would be disclosed in order to reconcile the accounts. Besides, TEO are not in a position to lend money as they ended the year to 30 June 2006 with only £320k cash and now, 6 months later, I doubt much of that is left. The tone of the results suggest another fund raising soon.

It would be interesting to know Qstik's financial situation particularly since the EVOQ launch was delayed over 6 months and sales even now would be barely anything.