Ann: Appendix 4C, page-35

EV of only $4m. $5m MC with very good technology and a platform everyone is liking.

The big problem is the lead times from trial to implementation and then payment. The $500k rev deal will see 80% of verifications done and paid for in 24 hours. All going well the other 7500 clients will go through too no doubt. Nothing has changed. Still on track for $2m plus in revenues this year.

Brokers don't care if it drifts lower as they pick off any sellers and will easily buy it back up on good news because they know the free float is tiny.