Ann: Market Update, page-93

It's a House of Cards

- logistics product, developed by an AFL footy player, that can very likely be reverse engineered in a few months and child like in simplicity. What's the true value this? - likely very low, except to munchkin small operators who can't reverse. No cash collections or revenues to speak of.

- Gobsmacking over-promotion of the company in releases, and resulting high HC following

- GSW plays to the "wanna-believe" crowd. The next big thing. HC most popular stock

- The institutional end of town who got in at $4 will want their money back. This due is coming.

- So sp is levitating at the moment well above cash backing, but even that bit of cash will be claimed in Class Action.

- What's left? Not much --- that's what it's worth