Okay who is selling ?, page-33

Well the target was for around AUS$24mill in revenues. We now know the end result was AUS$13.2mill. So yes they've missed it by a fair way and it was a mistake by them to make such forecasts which are difficult to do with such an organisation and so many factors. No arguments there.

My point about certain posters not understanding business is based on them thinking that everything in business goes to plan and on time and as expected and that the share price will subsequently move in line with progress and that if you don't get returns in the 100%+ range over a year then the business must be doing badly etc etc....it's all just a bit tedious and clear proof of these posters having no business acumen or understanding or experience whatsoever. I am sorry to be appearing to belittle anyone but that stands out to me.

I fully understand the expectation of turning deals, then finding them get delayed through no fault of your own. I've experienced that many times myself. I've also experienced leads where you think there is no chance of turning it, and the next day finding an order on your desk. It's just not that EASY to predict. I firmly believe that these few deals that have been delayed for expansion purposes are real and probably the difference between meeting targets and not. I am not saying tthough these are the necessarily the sole reason they missed targets. They are a quarter or two behind as we can see by the announcement in the quarterly that their REPETITIVE revenues are now $1.5mill a year or $18mill a year. Add in those expected licensing deals or if army deal had turned a bit quicker and they would have made their targets easily.

There's just too much emphasis on the missed targets (and yes they have themselves to blame for making these targets public probably naively thinking the average investor is a bit smarter than they are) and not enough on the excellent progress they have made over the last couple of years. It's a fantastic story growing and it's a pity this success is being dragged down by petty analysis.

Yes I am passionate but I am also a realist. I see the story here and I like it ALOT.