Ann: Aurora Labs Technology Update, page-113

Hi Moritz.

I think the change of attitude is a result of such an unfair share price for the progress they've achieved. But that will change.

But now it is all about getting the show back on the road now everyone is back from holidays.

I thought the same with the votes, but in actual fact, they were going to pass. So it was done in good faith.

The pay rise process started 9 months ago and only came to an end by the independent organisation after the CR. Timing was horrible I agree.

I think all the exhibitions are very important. At FormNext we made a deal to print for 5 big companies before pre-ordering a machine. Unfortunately it all just takes time.

I think Budge's holding is approx 20%, no lower.

Once a Tier 1 company commits to a purchase, it's game on. You can understand buyers wanting test prints, etc before spending US$2.5m on a machine from a company with a market cap of $17m.