Ann: June 2011 Quarterly Report and Appendix 5B , page-2

re: Ann: June 2011 Quarterly Report and Appen... So what happened is, 3.5 milly received during the quarter, and then 1.3 milly received in July for June production. Can anyone explain what this means in regards to the revenues for this Q? Does it mean it's actually reporting the production for March April May, with the 1.3 milly in June but received in July.. Or does it mean that they've used the 1.3 mill in this report but received it late, or what, I'm confused by this.

Either way the underlying revenue etc is definitely a move in the right direction, MAD went from 3.2 million in the red to 1.6 million in a single quarter with 8 million still in the bank. Good times ahead.

JM.