Summary of AGM, page-11

Thanks, Cyberworks. I think that's a fair summary (I'm also very open to correction - mine is a bit vaguer. Not nearly the quality of yours or of Sade's effort for the last one) I didn't sleep at all on the train so my concentration was buggered - and didn't help at all with my usual social awkwardness (apologies to anyone I spoke to).

I'm pretty sure Louis said he had a recent meeting with Cisco which was one of the best meetings he's (ever?) had with a large company (???) - Apologies for the poor quoting.

He also restated that revenue growth was the focus for next 2 Qtrs and that they will be lazer focused on that for the moment. I think they were debugging something to do with the FPGA (which apparently is a normal stage) in preparation for a Qtr 3 release.

As for potential takeovers Louis said again that the focus was to just create the most solid company they can and if it happens it happens.

He did state that a lot was under NDAs with partners and yes the casinos don't like people knowing too much about their security activities.

One attendee did interupt people a bit which was just plain rude and I have to say unproductive.

I think the official question session could have gone on a bit longer but it was ok.

One guy asked about the power consumption/(envelope??) (?) of FPGA and I think they said about (10 watts?)but they did mention PCIe and something else that with it as well so they lost me. He also asked about Apple and another large company who's name eludes me and them charging a fee for access to their SNN chips for fast processing of algorithms and I think Louis said something along the lines of maybe we could go down that model as well at some point (?)

Was there a tech journo there (?) (could be wrong... I was wrong about Anil being at CEO sessions)

I'm still happy with where the company is headed. My only concern is the financial structuring side and how my two years of risking a hugely significant amount (to me) will be rewarded if the company makes significant changes, didn't sound like it'd be an issue from what Louis said but who knows.

Oh and the meeting was really, really high up -35th floor got a great view of our impressively intimidating broken navy ships.