Ann: IMS Investor Presentation April 2018, page-7

I'm encouraged by the underlying EBITDA for 6 months of $2.8 mil and their focus on the huge UK market which could surprise on the upside. I also like the UK focus, $1.2 mil cost cut and higher margins.

We are back to where I invested 5 years ago at 2c, but this time it's cashflow positive with a much stronger balance sheet and cash in the bank Frank.

Whilst it could soften back to 2c, it's my view we are close to the bottom with a stack of upside if Neil and Ian can deliver in Europe. After speaking to them both at length at the AGM, I'm quite confident they will turn the ship around and swiftly.