Ann: Application for quotation of securities - WFL, page-58

Hmmm... look, I hope it work out for you. And yeah, I still think bodyguard has some potential as a product. But you could say that about all sorts of products, and the vast majority of them will end up failing. All I know is, we're cutting it *extremely* fine with our cash reserves, we're currently trading in violation of the rules around directors, and I think it's clear now that reduit was a huge mistake. A lot of your optimism seems to come from your faith in PP. Foreo was an impressive success but he didn't do that alone. Meanwhile, WFL has been his second go at bat and it's been a bit of a disaster. We really should've tested the market more before we committed so heavily to expansion with our existing product line.