2013, page-6

My analysis of the figures are the same as that of Acaca.

The latest Profit "Update" (not the Profit "Upgrade" everyone was waiting for) is very clear. The changed accounting rules will more than likely send the reported profit backwards for y/e 2013. Combine this with the issue of significantly more shares to our sales reps in North Amercia and most financial indicators will head in the wrong direction. Feb result we have already been told is not going to be pretty.

In y/e 2014 will be hampered by the same issues as the push for growth continues. You need to spend money to make money, but I'm concerned that expenditure doesn't get out of control in the next 12 months or so. After all, cash is king and while cash is aplenty now, it needs to be kept that way.

I have no idea where the share price will end up but financial indicators (which may or may not be of concern to investors in companies outside the ASX200) mean it should drop back quite a bit.