I believe that there is no basis for the dramatic increase in CASH and Current Asset projections.. As you know I have owned the stock for years and Mod the INX.V Board.. hank
BALANCE SHEETS
(in C$) 2006 2007 2008 2009 2010 2011E 2012E
Assets
Cash 5 0,754 8 3,124 2 ,971 1 4,239 4 5,140 1 ,217,196 2 ,285,829
Accounts receivable 4 78,470 1 ,272,256 1 ,475,356 1 ,311,553 1 ,314,997 1 ,500,645 1 ,674,861
Unbilled receivables 1 0,500 2 5,927 9 6,037 1 65,857 3 4,340 1 36,793 1 52,673
Investment tax credit receivable 1 7,607 7 ,928 7 ,928 7 ,928 1 5,449 1 5,449 1 5,449
Inventory - 4 9,950 - -
Prepaid expenses 4 9,284 2 9,925 4 4,012 4 2,980 6 7,073 1 58,799 1 77,235
Current Assets 6 06,615 1 ,419,160 1 ,676,254 1 ,542,557 1 ,476,999 3 ,028,882 4 ,306,048
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