Ann: Preliminary Final Report, page-13

Fantastic summary of the facts - and if 3DP continue to increase expenses and income at this consistent rate (not slowing on R&D), our success as a business and rewards as shareholders will multiply.

This is a growth story, provided income continues to outstrip outgoings by at least a multiple of 2X I could not care less what our expense account sits at.

We will have to pay it all back at some point, but the longer this is held back on a low rate environment the better.

Remember, it is at least 12-15 months before we will see rates rise again, is this time to see expansion of business via acquisition of businesses which can paralell integrate and generate a wider moat operation?

Debt is not the issue, planning at the rate we are growing is, IMO.