This publicly available information has a couple of key figures worth noting when trying to work out what is going to happen to the investment in time and money that has been made by you in the last 4+ years.
Net Assets (30 June 2012) = 6,462,798 GBP
Net Profit (30 June 2012) = -2,331,014 GBP i.e. another year of losses.
With the dramatic and continuing decline in total registrations it's patently clear that THE .TEL OPERATION AS CURRENTLY CONFIGURED IS NOT CAPABLE OF MAKING A PROFIT !
Of course when you start off with $35,000,000 of shareholders money it takes quite a while to use all that up - 2016 looks likely to be the date, or maybe Q3/Q4 of 2015 ?
IMO Telnic Ltd. need to sell up to a more capitalised organisation, but if none of the major players are interested then http://www.Afilias.info looks like a good bet.
Of course we could find the shareholders come up with more funds in 2015/2016 and the situation continues as at present - I do hope not though !
http://MikeSeaton.tel