Ann: ZOLEO Expands into New European Markets and Beam Webinar, page-34

I don't really buy this it needs to be advertisied line, they did Kalkine, PAC has initiated coverage, for a market cap of this size not sure what else you can do. The reality is since Sep 2021 4C we have bled cash when you include operational and R & D, there has been delays, supply chain issues, cost blowouts and massively negative market sentiment. Many small caps have been decimated worse, look at SES, VR1, WCG for 3 that instantly spring to mind. Liquidity is also low as larger holders have accumulated and accumulated so the free float is actually quite small now also. Which can work in our favour if things turn on a macro and company level.

The market wants to see what this 4C brings, we need to see ANZ Zoleo numbers, ideally some commentary on Europe would be good but not holding my breath there, it wants to see Certus launched and this talked baout sub deal, it wants to see if we are actually bringing cash in or bunring more up whichis possible if we are investing into this new Certus deal, the API, funding Europe expansion etc. More R & D may have popped up? Tonnnes of unkowns but we will know more soon. I feel this 4C will be O but not great and next one should be pretty good but hopefully with some clear air, Certus launched we can start selling them like hot cakes and building sub income there.