Do you think this include the financials for the German Wavetech De subsidiary? I know in the SGSI financials it'll show SGSI at a loss of $x while the subsidiaries have profits of $x. If the German subsidiary is making all the money while the norwegian place is simply the holding company, then that explains why it has no assets and 3.5 million Krone in losses. This financial statement seems pretty incomplete. But they could also be accurate.