Ann: Appendix 4C - quarterly, page-6

ok I see it now, shipping of the first 90 batteries for this quarter on 3rd Feb. That means they must already be manufactured and undergoing testing.

Things will get interesting once Flex doubles production again to 540 batteries (as per the ann the current production line can at least double). Then we're looking at revenue of $5.4m if the batteries are sold at 10k each. Anyone care to estimate what the margin on these batteries is now that the production process has been improved?

We have entered an exponential growth phase, at least on the current production line... tripling this quarter, then potentially doubling next quarter... It would be good if the ann had given an estimate of how long it would take to establish additional production lines but then I guess thats what the strategic review is for.