Ann: Appendix 4C - quarterly, page-12

@Brad J - not sure if you're still holding mate but would appreciate your input here. Think I'm reading this a bit differently to most. Revenue target was smashed. Forecasts were $45m for the year and the co took in $53.6m - a terrific result coming from $5.6m in the previous year. I wasn't expecting a jump in cash receipts for the quarter when the MDC acquisition was going to take months for synergies to be realized (they were expecting at most $600k for first three months) - most likely see a small jump in cash receipts next quarter in my opinion. Operational cash flow +$730k once you take out advanced payment of $1.6m to suppliers, and $201k in acquisition costs. Giving +$2.772m in operating cashflow for the year. I'm still re-reading it, but overall it seems OK, but a bit unsure about the employees exiting the company.