Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-25

I think the writing was on the wall with Dean Taylor selling out of his free shares into the lows a week out from the quarterly.

Quarterly shows, Less Revenue 4.7 mill (down from 5 mill last quarter) , More Losses (net lostt 3.7 mill, up from 3.5 mill last quarter ), and staff and admin costs still high (staff and admin taking 3.8 mill a quarter.)

A lot of holders and believers have a right to be very annoyed at DT, but reality is he will get away with it all, talk of class action , etc, is mainly that - talk, not going to happen unless money comes from holders, and who would want to throw more money into this? Not to mention any money you could get from DT now is probably all tied up in trusts , other companies, offshore, who knows maybe thats the reason hes getting his shares off the books so he has no assets. Its the sad reality here folks, directors and CEO get away with this stuff all the time on the ASX, this has just been followed by a lot more people.