Ann: Letter to Shareholders - Investor Informatio, page-39

re: Ann: Letter to Shareholders - Investor In... Albie Whilst I would love to be divine sometimes we need to be human and take a human response - I may feel better being human I understand it.

As regards consolidation: I must say its something I am struggling with. If my house cost me 500K is that the value surely its the value I could sell it at. I dont think that INT is worth anything - I offered mine recently to someone at 85% of the 0.1c the same price as LJ were getting theirs. No taker even though that person still sees value here.

So in fact I would much prefer the carnage - then you get a set of holders that are new and have a different view to them its a new ride. Those that stay on have not lost anything unless its the price at which the company issues the next cap raising - Thats always assuming they would need another one. If they would not it changes nothing.

I think the fact that it has only sellers on market says a lot to clients. If I looked up Intermoco and saw they were listed I would look at the sp before signing up. then I would see the overhang and no-one buying - I dont think I would sign up with them I would take a more conventional supplier option. Int would get a rental for the cable I suppose and the meter but the real profit would go elsewhere.

Someone far more intelligent than me explained that marketing is everything we say and do not just that that we want to put out there. I would merely suggest that the one big INT thing that is in its DNA is that it is listed and that then says a lot about it when there the price is the lowest it can be and no buyers.

Let me put it this way if the broker had put me into this and it was trading like this I would have a few questions. I realise they wont do anything now but I am unconvinced about tracking along like it is.

PS: I was sure the offer for my shares would not be taken up and hence my offer - Dont read anything into the comment other than what it was a question of put up if you truly believe.