Ann: Appendix 4C and Business Update, page-9

Also in relation to there 5 1/4s plan.

• the internal launch of our new rolling five quarter product roadmap;

With out cash inflo they wont get that far. Either cap raise or revenue needs to start asap.

Has $6325000 available, plus incoming R&d grant lets assume year on year same... so add $2022000 to that.
We have $8347000 going forward...
Lets work on 1/4 burn rate for all 4 same as forcast for next 1/4... $1678000

$8347000 ÷ $1678000 = 4.97 1/4s of money available.

So where too from hear? Cap raise sooner then later?