Ann: SNARE Sales up 106%, page-12

I'm more than happy with the regular updates on sales progress.

PRO is at a point now where more fund managers will start taking a look.

I've sold half above $1 after the strong run but believe there is still more in it, potentially much more.

I'd like to see one of the legacy businesses sold off and the cash used to either fund a larger acquisition (along with the cash on hand) or just paid out as a special div. Focusing on less businesses, primarily Intersect Alliance, would gain a greater recognition from the market and probably warrant a higher multiple.

They've literally been talking about this acquisition for ages, but I feel as though it is on the horizon now. If we got ongoing growth of Snare (presumably translating to very strong earnings growth), sale of a legacy business and a decent acquisition then PRO is worth well north of my $1.10 valuation currently.