May 29 (Reuters) - Algae.Tec Ltd AEB.AX :
* RESPONDS TO ASX QUERY
* EXPECTS TO HAVE NEGATIVE OPERATING CASH FLOWS IN SHORT TERM
* ORIGINAL GUIDANCE ABOUT POTENTIAL SALES OF AROUND US$3 MILLION FROM ALGAE DIVISION IS EXPECTED TO BE MET OR EXCEEDED
May 29 (Reuters) - Algae.Tec Ltd AEB.AX :
* RESPONDS TO ASX QUERY
* EXPECTS TO HAVE NEGATIVE OPERATING CASH FLOWS IN SHORT TERM
* ORIGINAL GUIDANCE ABOUT POTENTIAL SALES OF AROUND US$3 MILLION FROM ALGAE DIVISION IS EXPECTED TO BE MET OR EXCEEDED