kiril - where to from here, page-97

Buni,

Let me state some facts for you, as you are clearly short on them.

I never sang the praises of previous management, I only spoke with Jeff Robertson once.

I only formed a very strong opinion about the prospects of our business around mid year 09, when the announcements from current management started to come through. In an earlier post this year I stated that if Jeff Robertson were still running the company I would have already exited at a loss.

It is the current management that have my support. This resulted in me increasing my holding to 4 times my previous holding.

You still dont get it:

"My point exactly! Former management let you down and you have no guarantees that the same could happen again - you must have a defensive mechanism in place to protect your capital at all costs. Don't just believe what management tell you because the sp is not reflecting their comments"

I dont expect the share price to reflect managements comments when the market does NOT trust this company due to the past...fair enough. I expect the share price to react to bottom line earnings growth....FULL STOP.

Check the income and 4C quarterlies, you can see that revenue is growing...we have a real business with a real business plan kicking real goals. You just cant see it. As I mentioned earlier, 20 weeks since our JV announced with NEC, 20 weeks!!!. These things take time. I am working with the company to get them infront of institutional property investors, and I believe we will be hugely successful.

Your comments earlier this year:

"I will give you all a break but when I come back in mid September and the SP is either lower or at the same levels I think you will all have to concede that I was right after all." 10/3/09
(Price then 0.007, 50% of where it is today)

"The chances of it ever getting to 2 cents is highly unlikely given that they have nothing on their books, only pure speculation and rhetoric as to all the alleged contracts they have signed"
(Does not require comment)

And my favorite:

"When and if it ever gets back to what I paid for it - I'm out." 10/3/09
(Well Buni, it did, and you didnt.)

I am not going to continue a tit for tat conversation....I simply dont see the point. I wish you luck with your investing.

Kiril.

I hold.