Ann: Appendix 3Y (Raphael Geminder), page-20

we do actually, like I said, there is one individual account that sitting next to user 123 ( a bit lower holding). Trust me, he is like user123, very FRIENDLY. So, plus borg, plus manipur, plus user 123, and him, we are talking about 8%. The remainders are depending on other hotcopper members and other minority shareholders holding out there not associated with HotCopper. But the way I read it, some are from Medical, properties and other industries. You know, not many people got a degree with financial background. But, some are ranked DR on the list too,

I think those guys can make their decisions.