Ann: Investor Update, page-2

comment about half year results says "overall revenue results are likely to be similar to last year"

first half revenue last year was $1.64 million.

They say that they have sold almost 3000 watches and in a prvious investor presentation estimated that revenue from 3000 watches sold would be about $0.84 million.

I don't know what to make of this announcement. The revenue is flat even though they must now have revenue from the sale of watches.

I think I need wait for the half year results to see if there is more information.