Moving forward, page-22

if you are patient enough to wait 3 or 4 years for the regulatory changes to have any chance of paying off

$3mill to $24mill regardless of any regulatory changes. Regulatory changes are just a bonus for AJX who are in the box seat to benefit from these bans. As the company said recently:

Companies have been recontacting AJX since this ban has been announced. Company also stated they expect FR-based revenue to match Alexicool over the coming year. Considering the majority of revenue has been from Alexicool, that's a decent revenue growth path we're talking about.

Of course I understand why many will not believe, the company needs to earn respect again. Therein lies the risk. If what they say eventuates we won't be waiting 3 or 4 years for pay day. Next 6-12 months is critical.