Ann: Revenue Forecast 12 Months ended 31 December 2020 - $10.1m, page-9

Really pleased to see this announcement. It has finally allowed the company to put some meat on the bones. it gives the company a much stronger position from a market perspective and a base from which it can move forward.

In summary the projection can be broken down as follows:

- Security Software Int Pacific 2.5M
- Jast 2.4M
- iSoftStone VSN lite 5.2M
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Total 10.1M
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My takeaway from this announcement is not the 10.1M, but how conservative the estimate appears to be.

- SS projections are based on historical sales and do not factor in increased opportunities to sell SSI to Net links established channels in China and Australia

- VSN Lite has committed itself to grow by 100,000 each and every month. When a company gives a commitment such as this you can rest assured that they are being conservative, to save any embarrassment from being out.

- Jast Does not take into account any further growth in other Chinese provinces. I would be very surprised if this product is not eventually sold all over China.

- Japan No estimates provided.

- USA no predictions made.


I am looking forward to more growth announcements in the future.