Ann: Quarterly Results Investor Update Webinar, page-71

Thnx for your reply

respectfully. It’s not my place to divulge a person’s identity, you could always ask him yourself.

But it’s not no.10, or 8.

A. I get that and yes its none of my business really - either way its a pretty large holding - I hope he does really well & I actually think over time he will . - do very very well


yes AR9 is my most overweight stock, & Yes down 60%.

A. I wouldn't be to stessed about that . Sentiment can change very quickly . Businesses take a while to get real traction & form what I can glean I think AR9 are putting down a pretty solid foundation . That 60% paper haircut could change into break even ...and 60% valuation growth



No I don’t average down to buy at a lower price, why water weeds. I made the mistake of buying in more on promise then delivery.

A. Yes its a difficult call to make & we hear the saying catching a falling knife etc etc - and when ur down in val its never fast enough .... and if a stock is not in favor and its falling its what seems like a great buy .... can look like a shit buy .... etc etc .... I'm following a few that have graphs .... that look like lemmings going over a cliff !!! - yet whats going on inside the co's ...looks good in m any respects .

Have u watched that Jeff Bezoz vid about Amazon shares ..... the price kept falling / falling / falling ....yet in his words the business was getting better, better better ( however a lot of differences between Amazon & Ar9 & also the point that as Amazon suceeded ...many others failed )





If I know what I do now, I would have bought one quarter after being CF+ . At the time I felt cybersecurity might get some traction, it hasn’t, so here we are.

A. Cyber security is in the spotlight .... but different niches and lots of providers ... and most people cant differentiate ..... IF AR9 keep doing what they are doing .... I think its only a matter of time

Still pretty positive about where AR9 are heading though.

Yeah so am I & I wish I had more

take it easy .... see u @ 30 cents ( ist major target )

LOL