Ann: Preliminary Final Report, page-40

Thanks, grateful for your digestible explanation. Also wondered what your reading of Alexiums continued reporting of opportunities and addressable revenue numbers is - clearly these aren't typical accounting terms and I'm not sure what to make of them, the documents aren't price sensitive so I presume they mean nothing concrete, but if that's the case why report them at all? I'm also unsure how comprehensive the sales updates are in these newsletters for example some very large prior leads (eg luxury auto interior company in Europe) aren't mentioned, do we take it that those leads have stalled or gone cold or is there just too much going to keep reiterating it in every letter? Surely it would be helpful for the company to produce a report of all current leads (or at least those previously announced) and what stage they're at in tabular form. At a time when they want the SP as high as possible to maximise the ADR listing and minimise dilution this would be very helpful for holders and prospective buyers. Who knows where we'll be in a month with another 4c and a listing on the NYSE due to occur...