Ann: Operations Update, page-28

The buy out of Tsi will be very very hard to fund based on this and I think if you read between the lines its very much in doubt. SREI contract stalled and based on the push for India to go cashless (i know this will take many years) many banks and WLA operators are reconsidering the need for ATM's.

Its a shame as I have been in this for close to 2 years but i think the goal posts have now been moved in India and the writing is on the wall.

I hope for all investors that they can turn this around and hopefully negotiate a lower price for the 75%. You would be very nervous being an investor in CX when the 47mil carrot was dangled in front of them as this price will now never happen.

GLTA