quarterly out, page-19

yeah, i have to admit i was peeved at the placement to "sophisticated investors" at such a low sp.

i heard a rumour that as much as around 12cps got knocked back by management around the time of the vivotek announcement. speaking of which, $11 million worth of revenue to zyl in 2.5 years dating back to january. none of that is being factored into the sp at present, perhaps because the market is not convinced it will happen.

another question i have that i would like answered. the you beaut rainbow product. at the expo nick boasted that there is not another product in the world like this. why then cant i walk into a jb hi store, or a harvey normans and buy one?? is the rainbow being retailed or is it just another great idea that zyl have developed and then shelved? i thought this vision for the turnaround was all about increasing sales, why isnt the rainbow out there selling???

everything has gone quiet. obviously this sharp turndown really hurt zyl, it has fallen around 60% from its highs reached after the vivotek announcement. market cap now down barely over $10 million, market isnt factoring in much success for tenders at present.

hard to be confident given the let down over the past few months but as is the case, by the time you work this out it is probably the worst time to sell.

good luck to those that have stuck it out, i agree its very tough at present.