Ann: Operational and fundraising update-CL8.AX, page-45

I think they have done everything right recently, markets a bit slow to catch onto the progress but will come soon enough.

Coming up:
- funding / investor deal.
- more dmc deals
- more licensing deals?
- rentoid launch (at some point..)

Re licence fee prob small, but also will be undisclosed so any new deals can be negotiated at progressively better rates/fees. Bigger they get the more leverage they have. Would expect for them to bother to do licence deal will be with a fleet manager with way in excess of 50 cars, like a fleet company with s few thousand cars.

Funding comments were very interesting as seems they have funding mechanism wrapped up but are INSTEAD considering new investment proposals from people who have approached them. Sounds like dmc is finally getting the interest it deserves. What would be far better is a cornerstone investor.

Let's look at a Snapshot of just the government opportunity which they are clearly getting massive support for progressing. Govt statistics show they have in total across all departments close to 14,000 leased fleet cars. no other of the peer to peer start ups is pursuing corporate deals at scale.

https://www.finance.gov.au/vehicle-leasing-and-fleet-management/FleetStatistics.html

They have proven their ability to do corporate deals (fleet suppliers /LDV), and there is every reason to believe they will not only keep coming, but be bigger, and be more of them.

I really believe this is two or three big deals away from running to 10c, and they are in the pipeline right now... And then the big deals will keep coming