Ann: Appendix 4C - quarterly, page-3

Lots on spin in this 4C commentary.

Nothing new.... except... we've been rackin up payables.
But thanks to the sophisticated investors who've just tipped money in the company, we can pay our bills. Phew. Just as well there was no requirement for the Board to previously disclose the company's growing debt issue. Apparently the debt wasn't that 'material' so shareholders didn't need to be told. Anyway thanks again sophs for picking up the tab.

M&A is out. Organic growth is in. What a turnaround!
It's going to be a long wait for shareholders...

But don't panic. The Board has great ideas,

- we're exploring opportunities in Asia... which is code for: someone got an overseas trip.

- we're selling via the website... which of course, CT1 previously tried. The challenge is: the Idiots Guide to B2B book states you have to spend a lot of money on marketing to drive people to your website so you have a chance at selling. Maybe the website hits are already so incredibly high that they're confident of stellar results. Here's a free tip.... change the business model and try eBay.

Oh and (surprisingly) not word about the Penta funds due. What's that about??
Perhaps it's not mentioned because they're not confident of getting the cash.
Hey may we get more Penta tokens... wooo hooo... they're trackin at USD$0.000236.
Maybe the ASX wouldn't like that.

This Board is a dud.
At least there's cash at bank to cover us for a while.
And once more... thanks again sophs.

I'll hold and wait. And pray for a scomo (aka miracle).

Yak.