RE: Profitable Company!!!!Wait oops:
" IP Apps. grew rapidly in 2005 largely as a result of aquisitions, but is struggling with profitability. Since year end there has been a change in management of the company and it is now focusing clearly on becoming cash flow positive as rapidely as possible.
IP Applications recently announced that it has achieved this milestone"
They are guilty of really bad grammar; "this milestone" can either refer to a desire to be focused on profitability, or actually becoming profitable...
Ignore my last post - I think I was mistaken as to where I allocated that pronoun