Ann: Appendix 4C - quarterly, page-73

While I get the costs equalling sales issue, I am comfortable that JAT are forging ahead with developing new products and increasing sales revenue. The report shows good monthly average growth, and with the release of two new products in May, the monthly sales figure will increase again. Part of the costs attributed are possibly in relation to development costs and initial batch production of the new products. This will continue as they keep on the development path in the medium term. I seem to recall reading that Sunnya’s scientists were helping out with GK products, and the sea cucumber food products, health products …I am no matho, but I see these numbers: 5.98m per month over the last 9 months.6.84m per month over the last 3 months.8.07m over March alone. If I guesstimate 100k of sales per month for the middle-age formula and oil products, then we would be looking at 98m sales over a year minimum. It won’t take many new products to crack 100m annual sales. And that would be on the low side.This for me is a long term hold, at least two years.