THE NEW PNC TELECOM

Hi martincoops, you wrote:

But you must be wrong again

How can there be an "again" since you've already retracted your previous comments of error, apologised and admitted that I was in fact correct?

What we've concluded is that the P&L figures are materially misleading. Personally I suspect that this has been done deliberately in order to permit these vague misunderstandings to surround the company. However, please note that this is only my personal opinion.

Given the gross problems with the P&L it is safest to work from the balance sheet and given that a material debt for equit swap is due to take place where shares are going to be issued at a price of 0.1p then it's clear where potential buyers of these shares should be concentrating.