Ann: Investor Presentation Company Briefing and Webinar, page-64

When I was in Cockburn I sat for a coffee with Gary who explained something to me that made total sense about the business and its growth prospects.

WA costs far less per customer acquisition because the products have been around so long and are very well known by the simple fact that people have been driving past them for years now and it's basically a household name.

Obviously it takes time and money to get to this level in the other states. and they budgets and time allotted to fulfil the plans will differ.

My point is that the goal for Spectur is to replicate the model they've created in WA, over in the Eastern States. If you believe they can do this (I personally do) then we are likely to have a good profitable company, but they've just started with Full Time sales staff out East and this will be a buildout that will likely take more time than it did in WA.

I'd love to see a breakdown of marketing v revenue per state, I bet WA would be easily the lowest from the organic business coming in now.

Everyone's trading philosophy is different, when I started I had a job and could have held this for however long it took, but life changes and I can't wait any longer with parked money in Spectur. I don't know kickit but it appears he can and is happy to absorb and wait which is great for him.

I'm dumbfounded at all the crap people fling at eachother on this site as we rarely compare an apple to an apple in terms of an investor.

Perfect world for me is I'm able chip away elsewhere and enter back into Spectur if the time and price presents at the right time. I didn't sell because I don't like the comings prospects, I'm just not prepared to wait that long anymore.

Now In saying that it's very possible they land a whale and we have the catalyst that is hard to see, if that's the case good on the current buyers. Or they could need money and raise at all time lows.

But in closing I do believe Spectur will replicate the WA model over time, how long that time is is the game here now and PAC are likely to have a crack at these options despite investors sentiment towards them being very poor for this stock