Over the last decade opportunities in the technology space have...

Over the last decade opportunities in the technology space have exploded globally.

This listing has been exposed to all of these developments and built a huge database of knowledge. Opportunities presented to them over the years have been ignored as they choose to become an agency business. Meaning a massive workforce with a fixed commission rate from NetSuite.

The result - is expected to have a comprehensive loss of around $4,000,000 this year.

The acquisition attempts have been pathetic. Tinpot operations with minimal investment risk.

Now we have the same old story - new executives entering the fray making their mark by slashing overheads and claiming it will now be a more efficient business.

It is a bloody agency business that operates with man/woman power selling Oracle products and servicing them for a FIXED COMMISSION.

You reduce the feet on the ground you reduce the revenue.

The chairman has stated they will be continuing with the same business structure already in place.

It then becomes a SMALL BUSINESS MODEL of what is already in existence.

New auditors to present adjusted figures according to their methodology.

Baillie and Jobling/Chairman hold 131 million shares out of 328 million issued. So these gentlemen have been calling the shots and we have finished up in this mess.

Forget all the fancy reports/numbers - this company is on its knees and needs a board with vision and management that can execute a new viable business model.

Raise the bloody cash if needs be to venture down a new path - but to continue as a Netsuite agent is a deplorable vision.