Ann: Appendix 4C - quarterly, page-4

Well receipts were lower than I expected however they stated that with customer closures over the holiday period, this impacted collections, however these have now been collected (and will turn up in the March 4C I guess but no $$ were disclosed).

January sales of $1.2m USD is not a bad start at all for the new year, but will it continue at this rate over Feb and March?.

Pay down of $1m of debt to save interest is a interesting move - why now, why draw down so much in the first place - but must be regarded as a good move.

Update coming "very shortly" on military uniforms - which hopefully will be good and sounds interesting !!!!

Also update of Alexiflam NF coming this quarter.

Alexicool FM (Foam) launched January - so lets hope we can get some initial sales

Forecast EBITDA by Q4 this calendar year - well we can only hope ! - but I note that Alexiflam NF sales will help to achieve this also which is good as we need to diversify our revenue streams.

So overall I'm disappointed with the receipts a little but looking like the March quarter will be far better with announcements shortly on military and NF - can people wait another quarter????