Ann: JAN Investor Presentation - Wilsons Advisory, page-10

Let me be the fly in the ointment.

- The learning business part of JAN is not focus for them anymore and will need to get get rid of it as it is a commodity business.
- The split of $15 million cap raise will be spent 3 x 5 million. Seems rather neat and may not be based on any detailed planning.
- JAN is moving into the next phase of growth and may take of thier eyes of product and market development. There are risks as it moves from a owner led product company to a more corporate style hobnobbing with financiers
- JAN has competition in assessment with deep pockets.

While I am confident of JANs future I wont be putting on rose coloured glasses.