Ann: Appointment and Retirement of Director, page-12

This quarterly should be good, the next quarterly will be superb! The one after that should see TKF near cash-flow positive imo. (As I predicted at the start of the year).

From what we know already about this quarterly from my notes. (depends of course when payments are made as to how it reflects numbers wise in the quarterly):

$70,000.00 billed in previous quarter for payment in this quarter

WA Resources deal of 400 verifications for shut down job 400 x $200 = $80,000.00

Flinders St Station/Rail Crossing 1000+ verifications 1000 x $200 = $200,000.00

Kapuddle verifications?? Unknown number

Website verifications, police checks etc?? Unknown number

If all monies were received in the quarter then we could be looking at $350,000 to $400,000 in revenues from the last quarter.

That is based on the just over $200 per verification we learnt about in the last mass-on-boarding ann. And numbers are conservative imo.

Not sure if all monies would have been collected last quarter and don't know where they are up to on the WA resources contract and the Flinders St contract so all the above would be the best case scenario imo.

Either way that will all be reflected then in the next quarterly which we already know we have $500,000.00 in revenues with a potential for another $1.5m plus in revenues.

Market is a bit stupid atm imo and to me it's lost direction and sense so when that will return to the overall market I just don't know. We might need to see a big ann here to wake some up and change overall sentiment. A partnership with Seek or Uber or a Taxi company might just do the trick!

Of course DYOR on all the above.