you do not need to be einstein.

Do not have to be Einstein....

It&e (ITE).

You, now, .....imo....

Do Not have to be Einstein, to see when the new three (3)-- ++ it&e Bank Contracts Announcements will now be very sooon to be announced—plus Merger/Acquisition News developments........in this current week and fortnight....

Logic now points to really only two (2) main probabilities .... in this regard:...

Can you guys too...?? ... adduce these two (2) main probabilities.... as well....??

One easy logical Clue, on my assessment, in.... When and How the First Home Loan Bank of Pittsburgh, USA...... was announced....??...

In the meantime; as you ponder this easy puzzle, focus on the available proof and think what these announcements will do to the “tipping points”-- ... of.... that proof....:

(1) HSBC Bank
(2) KBC Bank
(3) Timbercorp
(4) LLBW Bank
(5) Bear Sterns
(6) Fortis Bank
(7) Commonwealth Bank of Australia (CBA)
(8) National Australia Bank (NAB)
(9) Westpac Bank.
(10). Tier One Asian Bank. (Application disclosed—‘Monarque’—but name of bank, undisclosed, presumably for confidentiality reasons.)
(11). Bankers Trust
(12) Macquarie Bank.
(13). Qld Treasury Department.
(14). Suncorp Bank
(15). Zivnostekska
(16). Brown Bros Harriman Bank
(17) Penison France
(18) Post Bank
(19) Australian Stock Exchange (ASX)
(20) ANZ Bank (ANZ)
(21). Chicago Mercantile Exchange.
(23) Danske Bank . (Germany).
(24) Federal Home Loans Bank of Pittsburgh.

And as of: either 20/10/06 and /or... 29/11/06... the following was the Sales Pipeline and Merger & Partnership Commercial Developments, and ....what was described by it&e (ITE)-- as:-- “Other Strategic Opportunities”-- status.... as per the numbered list, set out, chronologically below:


(25) (i) Selected but pending, contractual finalizations & “test run of software ” status with Bank or other (European / USA).... Financial Institution.

(26) (ii) Selected but pending, contractual finalizations & “test run of software ” status with Bank or other (European / USA).... Financial Institution.

(27) (iii) Selected but pending, contractual finalizations & “test run of software ” status with Bank or other (European / USA).... Financial Institution.

(28). .... and.... A further five (5) Qualified Bank or Financial Institutional Contractual Opportunities ... “over and above”... the ‘above counted’-- further three in contract negotiations...—equaling 8 more on the it&e (ITE) sales short list, ....plus + .....whatever has been added to the (ITE) Sales pipe-line in December, January and early February.... before this sales pipeline was made public, on 29/11/06.

(29) Publicly announced ... That it&e (ITE) have been approached regarding: -- .... “Partnering and/or merger opportunities” with another entity—which it&e(ITE)-- is being advised by the Origin Group....

(30). In addition to this approach as per: point- (29) above-- -- it&e (ITE) is considering “Other Strategic Opportunities” also with Origin Group advising—that, are now becoming available ....to the it&e (ITE) group. .....


Above.... is the status, as of 29/11/06... and 30/1/07—regarding most ....of the known (ITE) contracts and progress status....

As I said before; that with micro-caps--- there is, imo, a situation where you have, or can develop.... a series of iterations and a...... evolving hypothesis ....based on ....certain levels of: Proof, Proof, and more Proof & ..... until the proof reaches a:-- ‘Tipping Point’.... and the greater weight of potential it&e (ITE) Larger Buyers and Share Holders-- comes into to form a consensus—one way or the other—about the veracity and likelihood .....of that Hypothesis

Imagine a Scale –like a children’s see-saw-- at your Butcher, or Fruit Store....for weighing your meat or your grapes—and what that is worth per metric unit....

Then, imagine.... on one side of the scale is the weight..... given to the points.... by various market participants—as to the value that ought to be attributed to: points ..... 1-30 ...as....documented above....

Imagine on the other end of the scale is today’s (ITE) Share Price....

At some point—there is—or is not-- more weight—more proof, and more proof and more proof –in the form... of more Banks & Financial coming online with it&e (ITE) —as Contracted it&e (ITE) ....Clients....


On the matter of Current Timing...


Final point on the short term.....

Within the Pharmaceutical industry, Large Scale Engineering Industry, Medical Equipment, Airline industries, Defense Force Industries, and ....Bank Industries...—to name but a few, for Mission Critical ..... new introductions... of new Software and related Applications...—often what is signed is a order subject to a one month --- “trial period” –or “bedding down” period of approx one (1) month.....

Without knowing exactly...the particular circumstances-- I personally .....suspect.... that.... imo—(ITE)—it&e-- are most probably; somewhere ... (...3/4’s...??-- )..—...in and through-- that one (1) month... “trial & bedding down-- period”-- with some of these contractually ready to finalize deals ....that were recently mentioned....at the AGM presentations-- by it&e (ITE). ....

To put it bluntly...it.... could be only ... one(1) more day—could be 12 more days— but not too much longer ....is my own appraisal ... within the context of this... “trial period” proposition....

And as I say, every one (1) additional more Bank Contracts from here on in... (such as for example the recent wining of the.... Tier One Asian Bank, .....or.....the Qld Treasury Department, ....or ....the recent ....very successful contractual win ....with the Federal Home Loans Bank of Pittsburgh...in the ....USA ..against USA based competitors,.).......means ... that.... the next two, three and four New future Contracts, from the same Banking Geographic area or Sub-Sector.....of Banking // Finance-- .Becomes so much exponentially....much, much -- easier to get ....for it&e (ITE).... from here on in.....moving immediately forward.....


Kindest Regards,
Robbo.
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Kindest Regards,
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