Ann: Appendix 4C - quarterly, page-9

Never good to see it in the daily losers list too. I've followed this one for a while without commenting. Feel for you. Hopefully there is enough cash to carry through. I think its a good company but needs to grow the business of course

TRIGGER WARNING:
Being realistic, this is another company that should be private. $1.6m revenue for a half year this far into its operations says it all. With the cash burn and overheads and offices, this is a dead duck. The best hope for shareholders is it picks up a loan or dilutes the life out of the company to remain on life support. If you can find a buyer at 4c take it, and buy back in the placement which you would assume will come soon. But when the best your quarterly includes is cost-out and "we were voted by xyz magazine in the top 25 of something" it says it all