Ann: PAD Deployment and Bear River MOU , page-19

MM, as you're concerned about cash, I can see why you're also concerned about the share price.

I have a different take - I don't see cash as a concern any more, so am not concerned about the shares price. Don't get me wrong - it is frustrating to see the stock trade at a fraction of it's true value - but that can only go on for so long.

Revenue is increasing as evidenced over the past week. As these sales were through distributors, I doubt there is much in the way of costs attached. And let's not forget, that PB Australia has a $2m sales target for 31 Dec.

The more sales TZ is making, the further the $8.5m will stretch. At the recent rate of sales, TZ won't need to raise capital for at least another year - if at all.

Everybody knows this - including the broker who is pushing the price down, on behalf of their clients, on very low volume ($23 trade to wipe $2.5m of the company's value), - in the hope of creating a panic.

Well, from what I am seeing, pretty much all of the stock is now rusted on and is being treated like potential gold-dust - and rightly so.