Ann: Appendix 4C - quarterly, page-11

My assumption (imo) is based on:
- belief there was a large chunk of bank project revenues included in 130k.
- that a lot of promised subscribers haven't come onboard hence hiding numbers.
TBC I know down track Q3 revenues have been promised based on MOU but I'm playing it conservative because none of the other promised revenues and numbers have hit. I think there is a lot of funny business going on, hiding numbers, distorting facts, all in the name of marketing of course. But as I say it's a longer term play. Let's see what next quarter reveals. Will be hard to dissect bank project from subscriber revenues unless they come clean.