Ann: Extension of suspension-MIG.AX, page-8

the rate of revenue growth seems to have stalled in the last qtr (relative to the last 2 qtrs which is a concern) whilst the net cash burn is fairly flat at around $5m a qtr. how much is genuine revenue growth though and how much of it is attributable to bolt on subsidiaries ? currently Mig have 11 subsidiaries. to be cash neutral they have to increase revenue by $5m a qtr. the biggest quarterly jump so far has been about $1.7m. So at that rate if it is real growth it will take about 3 qtrs or roughly $10m in cash burn to be cash neutral. Either that or there will have to be a step change relating to Foxconn such as gimme is implying but that is just speculation. I doubt Foxconn will be putting migme on their phones if the public is not that interested in it. Just have to wait and see, if revenue in the next qtr jumps more than $1.7m it might be worth a small punt. If that doesn't happen then they will be raising cash again in about 6 months.