Ann: Dec23 Quarterly Activities Report and Appendix 4C, page-6

Operating quarters of .36 not healthy, but we have now paid back all amounts owing to Finran from the Loan facility and that is now off our books. That was over $2M owing. Now paid off, mainly through the 0.01 raisings. Net cash we actually increased over $100,000 for the quarter. I know it is still not a pretty read, but getting that loan off our books is a big one. That means we are debt free. Knowing we are actually cash flow positive is good. The Koperasi announcement is very encouraging as to the growth aspect which everyone has been asking about.

Where to from here for funding? Not sure. A lot of the cost shown for December was paying back that FInran loan. Hopefully next quarter will give us an indication as to what the business is generating. Still a long way to go before we are out of the woods, but I find it encouraging. Next we need that relist.