Ann: Quarterly Activities and CashFlow Report, page-8

It might be pretty much as some observers expected, but I reckon anyone relying on their announcements and disclosure wouldn't have been expecting it. After all, how can a business with a supposedly successful new sales office in new territory, and a well-established agronomy business in the US that's experiencing a 5 times uptake of their product, result in declining revenue?

It amazes me that so many people seem to believe that, despite delivering the trainwreck that has been one of the worst IPOs seen on the ASX, these guys are now going to lease some dirt in Oregon, pay someone to grow a crop for them, and walk away with millions in profit.