Ann: Half Yearly Report and Accounts, page-5

I don't think there is anything to comment on for the last half year. Not enough revenue, too much money spent, not enough in the bank. These have been all the problems why the SP is where it is. The view going forward:

- New key board member
- New CEO with sales experience
- New investor relations
- Contract signed (SOL) maybe GTV and Pgas to come - this will see revenue in the next six month report. There is also Divan that could be considered...

This company has under performed no doubt, but it seems to be getting a handle on what needs to be done. I expect the following things to occur over the next six months:

- Another contract signed (with initial payment)
- Shortfall to be placed ($1.5m)
- Revenue from contracts implemented