Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-32

Your thought process is on the money Michael. It won’t be long before Melodiol gets traction and it hits investors radar. We are almost there. Cash flow positive and reasonable profits are around the next bend in my humble opinion. As long as William Lay continues to deliver growth opportunities whilst managing costs effectively, then we will all breath easy.
Based on the past 2 years this business has drastically transformed into an attractive investment proposition.
The next Senate sitting is early September and with a little luck they will pass SAFE banking and we will report 3rd quarter results with some wind in the sail. Markets are looking better every month. It’s our time.