Interactive Q&A: Simon Fu, CFO of China Expert Technology (CXTI.OB) [View article]
Simon,
Do you feel that your current cash + future cash flow from operations will be able to satisfy your working capital needs for the jump in business expected in FY08? Is there any chance that your DSOs will improve next year or should we still expect long lag times for A/R's to be paid? If you do see issues with cash flow, how do you plan to address them (bank financing? issue more stock?)
I would also like to hear your answer regarding the cash vs. shares paid to consultants that help secure new contracts. Is there a certain stock price at which you would not consider issuing stock for compensation?
Last question: when are company insider shares due to come off their lock-up?
Interactive Q&A: Simon Fu, CFO of China Expert Technology (CXTI.OB) [View article]
Do you feel that your current cash + future cash flow from operations will be able to satisfy your working capital needs for the jump in business expected in FY08? Is there any chance that your DSOs will improve next year or should we still expect long lag times for A/R's to be paid? If you do see issues with cash flow, how do you plan to address them (bank financing? issue more stock?)
I would also like to hear your answer regarding the cash vs. shares paid to consultants that help secure new contracts. Is there a certain stock price at which you would not consider issuing stock for compensation?
Last question: when are company insider shares due to come off their lock-up?
Thanks.