Ann: Appendix 4C - June 2015 Quarterly Report, page-8

No babymonster, cash burn has decreased quite significantly. So, whilst still high, should last them 4.5 months at current rate. However, if they decrease by the same amount again next quarter, should last them 6 months.

This is a great result and demonstrates that they are on track for break even position in 12 months, while still managing to sign up good clients and partnerships. I still believe any future CR will be to a strategic investor.

Will add to my holding after the trading halt lifts if price continues to stay at these levels.