Ann: Appendix 4C - quarterly , page-19

CT

It doesn't matter, I don't get what's so hard to understand ?

If they expire so what, holders got them for free, it cost the company nothing anyway

The ALTOA's could raise $8M if converted

They don't need that much cash if as the analyst predicts they will be selling in Brazil in Q3 and become cash flow positive towards the end of 2013

If they got converted it would be unnecessary dilution as I think they only need maybe another $300-500k to bridge them to becoming cash flow positive.

Also, the dead ducks reference. What have they said negatively lately, nothing. If this Brazilian deal gets signed and some more news on US negotiations and other pursuits in Asia, they have every chance of going 8c