Ann: Response to ASX Aware Letter, page-20

BUD 4C states

"Signed contracts that management forecasts to have aggregated revenues of more than A$69.3M"

What makes up the $69m?
Digicel
Only the Digicel Reseller Agreement carries a minimum sales commitment (which is for
Digicel to procure new sales of at least 1000 Buddy Ohm systems over a three year period in
exchange for exclusivity in specified territories, whose penalty is that such exclusivity right
will be terminated if the minimum sales commitments are not met) which approximately​

equates to a revenue sum of A$20.9 million

Also if you read carefully, the 1000 Ohm sales commitment is over 3 years and is that revenue sum of $20m over 3 years too (as it did not state that as "A$20.9 million a year" , which means $7m a year? So the $69m is not an annual figure is it- is the total sum over 3 or more years? It created an impression that it is bigger than it potentially can be. Normally, you don't announce these figures unless they are reasonably close to materialising otherwise it creates a misleading expectation unless that is the motive.