Ann: Appendix 4C - quarterly, page-41

joewolf

fair enough getting out but I don't think they have not met their objectives - look at the graph of old low margin business, its nearly gone - by end of march which should be a screamer - the margins will be trending towards 40%

tbey aren't burning a lot of money - even this quarter with a lot of one offs.

I don't think people would be complaining about this 4C if the share price was at 40 cents - its natural to panic and attack but why are we in this story.

this company has gone from zero revenue to $25m just on the back of mattresses - we know they will do additional deals and once one layers on, then another, then another with consistently good margins the business will play catch up.

the updates and 4Cs are comprehensive and always explain what is happening - you could be in one of the tech companies that are burning millions each month and the promise of a profitable business model