re: Ann: Half year report and concise unaudit... The first issue...

re: Ann: Half year report and concise unaudit... The first issue was the imminent large contracts that were expected, that "nudge nudge wink wink" were going to make things all better. This was tied up with the second issue of the Belgravia note. Apparently capital raising was option 4 and was very unlikely.

Turns out the contracts have evaporated, the capital raising has occured and now matching last years dubious figures appears doubtful. I assume these guys are merely bad managers, not bad guys. The question is can bad managers make this good idea work.

There is no doubt that they are bad at managing a listed company, they are late on reporting and in acting to raise captial. They have now misreported revenue multiple times. But is the product good enough, and do we have enough time for revenue streams from the delayed developments to kick in ? If we see 5M it will have been a great 3rd quarter. let alone 7M.