Telestone Technologies Corp. (fka TSTC)

[GorillaGorilla]

That was a good point. Foreign sales look like they will help TSTC then - assuming they make up a significant proportion.

In the end the most important thing is "will cash levels limit growth?". At the moment the answer is no but clearly if they are going to keep growing at a fast rate it could.

With the WFDS system in China they are talking about not selling but renting the device - my first thought is that isn't going to help cash flow unless I've misunderstood something.

In the end TSTC has 10M shares and they had 10M in 2008 (and perhaps earlier) so we can trust management to wring as much earnings out of the business as they can given the monopoly status of the companies they are serving.

rich