Ann: March Quarter Update, page-2

Great reading and a smart company business model.

Basically, run the company on a shoestring. I mean look at the incredibly low operating cashflow (who runs an ASX company at $133k per quarter unless it is a shell).

Then invest into companies that have niche technology and large possible markets. These companies seem to have already done all the R & D and just need some financial and business assistance to break into their chosen markets.

Sit back until they reach profitability, then convert the loans into shares.

Instantly, we are a profitable and quickly growing business ourselves.

With one acquisition already profitable and the next nearly completed, DVI is definitely one I am happy to hold for the medium term.

Milesy