Ann: Appendix 4C - Quarterly Cashflow with commentary, page-7

I was happy with the report. 40% increase in sales is nothing to sneeze at. I’m surprised, as usual, that the market has not been responding more positively.

As for getting to cash flow positive, don’t forget that as they add more sales channels and move more product, their hardware costs will go up as well. It’ll seem like they are chasing cash flow positive for a while. But they have a decent cash balance and more on the way if the options are exerxised.

I think the expansion into Europe is very promising.