CBQ, Inc. (China Business Quotient) (fka CBQI)

[Bixmann]

First you say its 27, then 23.5, and now your calling it a gauge. It’s wrong because the gauge your using does not contain an adjustment for SOCT's 30% decline in annual revs nor conservative estimates for loss of business to competition.

Unless the company is willing to make an announcement as to the details of Softeon's impact on Networkland's revs, I find it irresponsible to gauge CBQI's 2001 run rate on the assumption that these factors have no impact on "expected" revenues. I am confident that time will indicate your gauge to be a gross exaggeration of reality. Untill we see the 2001 quarterly reports, I will remain skeptic.

Bix