Ann: December Quarter Results Presentation, page-32

I appreciate that Nov management have made great progress putting all the licences, technology and partners in place over the past few years. The last 12 months have been at a cracking pace. So congratulation to the team. I also applaud the fact that the company is cashed up in a more difficult financial market. Also that transaction volume has increased dramatically.

However I would have like to have heard more about:

1. Current state of EU money licence application.
2. Current state of Singapore money licence application.
3. An update on Emersions activities in the US.
4. More detail about the Reckon customer payment platform.
5. Are management still looking at more JV’s/partnerships with other coys..

I’m still holding and buying more on the dips.

Cheers Anton