Ann: Update to Watts McCray Acquisition, page-23

PS,

The only shareholders that could possibly be unhappy with AFL right now are short term speculators looking for a quick turn. Anyone that has held for more than a month should have a smile on their face.

This is a two year type story. AFL have spent the last 12+ months creating the platform for growth - and from my perspective there is a lot to like - whether it be a discinplined approach to acquisitions, puting a leadership team in place or renting serviced office space that is likely relatively short term / flexible in nature.

I'd prefer quarterly updates myself - but AFL isn't alone in abandoning quarterly reports.

If AFL is a dog in your mind, I have no idea what you are looking for?

L2