Ann: Response to ASX Query, page-25

@quitefat

Peace of mind is what I took home from the presentation.
Gary really has everything covered and more!
We should all just sit back and let him do his thing , he is way beyond our concerns .
1....$ 300,000 cash burn per quarter with 7 mil in bank
2.IOS... massive massive !!!not even Verizon could get it!!so I doubt any competition will have it or get it
3.He is still equally bullish on dataflex receiving 3 inquiries per week ....
4. He said it's about finding the right people to grow company and It was his number 1 priority and what is needed to create a successful company .So dataflex is on hold , we would need more staff and cash...
With revenue starting to flow dataflex will roll out end of year.
No competition in sight for dataflex ( probably has a lot to do with iOS)
5.Do not worry about Latin American he has it covered .
6.ON freeway....
1. Success is not defined by number of downloads.Its about the Quality of content providers and audience...
8.he said it was really cool that he could now sit back and let carriers come to him and not the other way around!
9. On acquisitions....maybe .....but he warned that 90% failed , even at Microsoft !
10.verizon has the whole syntonic plateform .will see 2 to 3 weeks of revenue from fios


Just got a really good feeling about Gary he comes across genuine .and seems to have investors at heart.
When being drilled about revenue he said
Hey .. this is not the END this is the beginning.!