Ann: Notice of General Meeting/Proxy Form, page-67

TCB that spin from Steve is fluff and doesn't ring true. How can the number of subscriptions per month paying for your service not be an accurate reflection - it is the "most" accurate reflection of business success because they are in the per month subscription business. I'm not talking about individual end users, I am talking about business customers with x number of subscriptions. It doesn't matter whether the customer is contracted direct to DUB for billing purposes or via a Telco or ICT integration partner, there will always be a number of subscriptions paying per month that DUB will receive revenue for. That is the figure we want. What's the point of DUB having 20 Telco agreements signed up if there are only 10,000 subscriptions between them? DUB management must be hiding the numbers because they are either not pretty, or not what they have announced to market.