Ann: Appendix 4C - quarterly, page-308

This is the problem a lot of the noise is coming pre-commercialisation.. If MTN Arena wasn't pumping along I'd be more worried but the use case has now shown value to a multi billion dollar MNO ranked 9th in the world... So if it works for one it can easily work for another and that is where I see some mega revenue coming from quickly.. White labelled and sell it to any of these MNO's List of mobile network operators - Wikipedia

Check out the millions of people - MTN is number 9 and EM1 is only operating really in 10% of their user base... If EM1 can crack into MTN's database NOW IT HAS A PROVEN REVENUE MODEL, imagine what it can do with India that is 3 of the top 10 .. .1 of them and this is a monster... Plenty of jurisdictions. Crowd1 is providing the revenue pathway for EM1.. and the business will become less and less reliant...

Nothing else really matters now... It is all about subscriber growth, case studies, contracts, deployment, expansion, R&D, upgrades, product diversification.... Global upside with a proven product making millions is ridiculous.. That is why I see this easily getting to 10c ... 1 more MNO contract and it is going to explode imo.