Ann: Incentive Option Issue, page-132

No, in the last few months I've had a discerning sentiment with BRN. We are in relatively the same position as we were at 11c. SpikeNet already had the customers and revenue. We already had SpikeNet at 11c. Then we receive announcements about vague SpikeNet casino deals and more incoming deal flow from years of customer loyalty by the SpikeNet folks.

We need an update on SNAP. This is the potential billion dollar IP. This is what the company is named after.

Moving up in SP only is right when the company is progressing. There's all this talk about the cisco announcement and it will literally just be a few lines in the quarterly outlining the demonstrations were successful and they're looking forward to update the market throughout the year. The Cisco demo would be progress if it was passed on to managing heads of Cisco and not the innovation lab. It would be progress if it brought forth a signed partnership. It would be progress if they had expressed interest or was surprised at the SNAP technology. It would be enormous progress if they forked up $500K to test it out. It would be ultimate progress if they acquired it. But...

The one line, "The demonstration/s held at the Cisco Innovation Center in Perth was a success." is not progress unless there is something after it. If there isn't then all it means is that the folks just saw SNAP and went meh and dismissed it. And that's not a good sign.

Please, I hope to god that I seemed like this but some posters on here are outright rampers trying to get out. See it for what it is, the current SP isn't justified without a meaningful update regarding technological process with SNAP or commercialization success with either SNAP or SN.