Ann: FOD delivers $7.3m EBITDA improvement, page-8

Bit of a mixed bag as usual with FOD.

in my opinion

concerning:
- Very little cash left when burning through $2mill
- Juice shots sales less then i had hoped. Potentially a bit of a loss maker
- Was really hoping to be cash flow positive. Worried this isnt achievable for this company unless they can strip more cost out

positive:
- i like the way Steven communicated. Seems to have a strategy
- Good increase in revenue. That seems a positive.
- Employee costs remain stable despite extra revenue

all in all probably deserves to be around 2.5 -3.0 cents