The board of Israeli-based Selector remain on the lookout for a suitable acquisition as sales generated by the company's water purification business continue to constrict. It is the management's intention to complete 'a reverse takeover as soon as market conditions allow' explains chairman John Corre, but in the meantime the company looks set to benefit from a second tranche of cash arising from a disposal. Selector's Fob Stop technology, which prevents beer dregs flowing from a dead barrel, was sold off for $800,000 back in 1999. The consideration was settled by $400,000 upfront with the balance due to follow depending on the resolution of certain patent issues. With these almost concluded second half figures should receive a welcome boost. In the six months to June Selector saw sales slip to £541,000 (£604,000) as losses were cut to £59,000 (£119,000).