Ann: Company Update, page-57

Let's be honest with ourselves. The numbers are not good. And the December numbers were not great.

It seems to me that organic growth has slowed/stopped/reversed. Without organic growth the company will never become profitable.

I would love to write-off the ~50% reduction from November on seasonality, but what if there's something worse at play - we as shareholders should want to know that.

Does anyone have any contacts that are customers of WD? I would be interested to see if they're happy with WD...

I concede that the product and WD's value proposition doesn't change from this announcement, but it at least makes me second guess whether our customers value the service. I would love to be convinced that these numbers purely reflect seasonality...

	October		November			December	January (predicted)		January (actual)
	WD	Combined (proportional est.)	WD	WDA	Combined	Combined	Combined (0% MoM growth since October)	Combined (10% MoM growth since October)	Combined (actual)
Cases	9,749	25,947	10,570	17,562	28,132	24,933	25,947	34,535	15,764
Orders	5,817	14,934	6,037	9,462	15,499	12,884	14,934	19,877	7,408