Ann: Appendix4C Sep Qtr and Activities Report- Stronger Earnings, page-54

They shipped 10,000 plus Zoleo last quarter so hardly ‘way behind’! You’ve sold out and are now a classic down ramper. Take a look around also. Interest rates at 9 year highs, nearly every tech stocks especially small caps at 36 month lows. Beam and MC have a plan and we will see next 3-6 months if it at all delivers. The risks are though when they are saying sold $8 mill last quarter and cash will flow but also said won’t be to mid 2023 until supply chains really open up. That all said Zoleo’s are still moving and growing, Certus will be massive and the sub deal If favorable could be a game changer. Market cap represents the risk and where we are at but some positive news flow. And cash flow, we could be rebounding come Feb results next year.