Ann: Response to ASX Query Letter, page-23

In a correction to my previous post, the new deal with ISS wouldn't have been done to trigger the performance shares as the full value of the transaction is included in the sales anyway. The rest of my post stands in that the board should have renegotiated the performance shares after or when this deal originally done (since 60% of the revenue is being distributed to a 3rd party). Also I still think the CEO is controlling the board and not the other way around. His salary seems to have significantly increased over the last two years and that along with very high corporate costs is weighing this stock down.