Ann: Agreement with Major Chinese Water Group, page-17

No we do not know there is a potential for $8-10 million profits. We are break even (from the Annual Report) at around $7-8 million revenue. How much another $7 million in revenue would generate in profits depends on costs. It might only be a profit of $1-2 million, which on a market cap of $60 million (depending on the share price) is not a lot. Also remember a lot more shares get issued in 2 years time under the Chinese deal. What share price this deal justifies depends on the profits we may earn and that is totally unclear at present.