Earnings Update or ?, page-19

CBI will give a clean bill of health Late June or earliest July.

There will be a period of ‘Self-Assessment’ (6 months) but it allows the business to signup aggressively again.

There are some huge clients ready to sign once this happens.

More importantly it allows the EML board to finally remove the ‘Interim’ European CEO/ COO etc who have driven

The business into the ground for the last 13 months.

‘Asking Nikki Evans to step in as interim CEO has proven to be the equivalent of asking Amber Heard to make your bed’ is the quote I’ve been given.

Not only will the license not be revoked but EML is now looking at being the poster boy of the CBI E-money world.

All other regulators will be following the CBIs lead so face the same challenges EML have done.

Credit should be given to the EML Execs for their patience.

Earnings- similar time (early July) and the news will be a lot better than the last time.

Onwards and Upwards.