Ann: Provision of AI Video Analytics for Large Scale Project, page-200

If we can get revenue of $900K plus from the 3C then we will be heading for break even in the 4C.

At the end of the 2C we had $4.518M in the bank with an estimated next quarter cash burn of $1.778M leaving us with a predictive figure of $2.718M before the addition of any revenue.

If we can show revenue of $900K plus that will bring us to $3.640M in the bank at the end of the 3C. $900K will see us with a $600K gain from last quarter, most of which would have come from 6 weeks of BS sales without the hardware.

When we make our 4C predictions we can take the $600K addition from 6 weeks of sales and double it for the quarter giving us $1.2M we can add the $360K in receipts from customers before BS studio giving us $1.56M before adding any Hardware sales and not mentioning the France roll out.

Our cash burn for the 4C will be around the $1.8M mark, this only leaves a short fall of $240K without adding hardware or the France rollout.

All this is based on the figure of 900k in revenue, thats the number I want to see.

I know some will say this is just based on a figure you pulled from your A@%# Yes you are correct however at least it gives us a figure to aim towards.

IMO