Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-12

Need to get another $300K per month to be cash flow break even. Hoping can do this in the next 3-6 months (hoping sooner).

From wins in the past 12 months they think another $7-$8 million annual revenue there. Sounds like they have another few wins coming through the pipeline they will announce shortly along with the big 4 bank (hoping to announce which bank in coming weeks along with expected revenue). From what Andrew said expectations of 10% of book and then hope to grow over time as technology proven etc,etc. Probably of more value on a credibility front than anything at this point.

International has been put on the back burner, although it sounds like Techub is finally covering its costs and in a position to grow. More likely to be current clients within the insurance sector who they have already bought on who have a foot print in the UK. Looking at our CEO's links would make sense.

I probably didn't realise how poorly the company was performing 12 months ago. It seems like the company is almost there, this needs to be a massive quarter as can be seen by the current share price as the market has clearly lost faith.

Going to bury my head in the sand at this point and hope for the best next quarterly.