Ann: March Shareholder Newsletter, page-27

yes, that is correct ----------- however,

it is really up to us.

The only way the stock can end up in Yankee hands is for us to sell it.

NC has told me in very clear language ---------------------- the is NO raising planned. (He said, IF there was any raising - it would be just to cover the listing expense).

So -------------- any yankees that want stock ------------------ HAVE to buy it ON MARKET.

And, at that stage - that means from us. The vast bulk of the register is Australian.

And, we should get our heads around this ---------- this is one of the hottest technologies around - it is NOT a prototype or a concept ----------- it exists and it is in the market.

NC tells me the interest from wealthy private and corporate entities is large and exciting - and when we are using the word wealthy ------------ we need to remember - wealth means one thing in Australia and a very different thing in the US

We talk here in milliions ---------------- there - they talk in billions.

Very different animal.

What we have holders throwing away here for under 60 cents in fear - the yanks quite possibly will be frantically buying on listing for dollars.

That's the difference -------------- and, atm -------- we own the stock - not them.

So, it is up to us.

Pinto