Ann: Appendix 4C - quarterly, page-2

Hi All

What are current and prospective shareholder thoughts on where this stock is heading?

This company's growth is fantastic, 48% from the last quarter and 120% over the last twelve months.
There is quarterly organic growth of 8%, if it reaches 32% for the year this a very good outcome and will increase with the Astute Payroll acquisition.

This is a micro cap compared to other stocks. Believe management will continue to produce high growth and stock has the opportunity to double in price this year due to organic and acquisition growth.

I am happy with PYG not paying a dividend for a year or two. They should make a couple of more acquisitions to grow revenue and profit significantly and use earnings to do it. Would be great if they can grow without issuing additional shares.

My price target for the end of 2020 is close to $1 per share - what are your thoughts?

Best of Luck
Lost