Ann: Appendix 4C - quarterly, page-61

When REA listed at a 1 dollar with a disruptive technology back in 99, I believe it was a complete flop ~ for the first 2 years that is and the share price actually hit 0.07 cents.

We all know now it's close to 100 bucks.

Things can change and the reason I draw this example is we are talking about something completely revolutionary and disruptive.

There are no guarantees this will happen with LNU, and by contrast I view the listing price here as 5 cents so it's hardly a drastic fall and I doubt the Kirby's are panicking at this point.

The real issue here is there has been, in my view, too many revenue targets and not enough laser like precision, so we're left with high expenditures and a donut in the revenue column, and by extension the inevitable dilution.

I expect Chris Richardson to be removed by the end of this year if revenue deals with big name players are not announced. The fact that he still holds the position of CEO with NO VOTING RIGHTS suggests things could be going on.

Prove it.