Ann: Baillieu Holst Research Report-VPC.AX, page-39

Sorry mate, realised that it came out a lot worse than intended. Wasn't directed at you personally. Just all the people showing impatience. I have written it on other stocks and it applies here. Too many people go looking for multi-bags in a fraction of a second on the ASX and then get disappointed and despondent when it doesn't happen. VPC will take time but when that revenue curve goes exponential the wait will be justified. Some just don't have it in them to wait it out. The big boys like CPS if they were willing to put up $2m are surely in this for the long haul and not a pip or two.