Ann: Investor Presentation, page-128

Internet banking? Is he for real?

He needs to stop trying to compete with the big boys

This will go the same way as the POS system went for them. Someone 1000 times the size will come in and kick you out of the market if it is even close to a success

Its a bit like when you see on Shark Tank companies who are like "ive made wine that differs from everyone because I have a special cup". You dont sell the wine, you sell the licensing rights to the cup. If you try and sell the wine, you cant, the big boys wont let you.

This is the same concept. They are better off building the platform for internet banking and selling the concepts of that then trying to become a bank because if this is even 1% successful, a big boy will come in and kick them out of the market and they will be back to square one