Quarterly Report, page-6

Stock has pulled back from a high of 75 in August when it was over valued in my view.

Quarter should be very strong coming in to December given market volumes , I expect revenue to be 6m.

Annual revenue $25m , so market cap is now 4 times revenue not as bad as it was when I was concerned that the cap was getting over heated.

The number I am worried about will be cash profit , hopefully it starts to move up towards a meaningful % of revenue given market cap of $100m