Ann: Appendix 4C - quarterly and Business Update, page-2

Once again sales have increased and even more pleasing cash burn is down massively. RNO appears to be meeting it's stated objectives from 2017. IF these sales increases/revenue increases continue the market will eventually wake-up and if it doesn't some corporate entity will. I continue to maintain/increase my position.
(Main LT stocks held MNS, CYP, BUB, HAV)

● Sales momentum continues - $602k invoiced to retailers and distributors.
● Quarterly recognised revenue grows to $437k (up 42% on last quarter).
● Quarterly cash receipts - $465k (up 86% on last quarter).
● Consecutive strong quarter - number of units shipped to customers - 53,000.​

● Company strengthens capital structure and cash position.

The net operating cash burn for the quarter was down 47% to ($754k) versus ($1.190 m) in the September​

2017 quarter