Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-58

Gees mate, you eed to get your head out of the sand.

You have not made any real comments addressing the parlous state of BIT's finance. You seem to think some magic deal will appear and second now that will save this company. I use those words very carefully and on purpose. At the moment, BITs immediate future is somewhat precarious.

BIT is running on fumes cash wise. It needs to take some drastic steps and very shortly at that.

In the current situation, the technology and strength of its products mater very little if any realisation of that may still be yeas off. The results of trials have not elicited any positive response from other parties, and, despite your denials, the market has accepted that.

You need to be more balanced.

So, two honest questions for you. Where do you think BIT will get the ability to carry on financially over the next six to 12 months? How can BIT now be relevant?