Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-143

Hey daveg,
You state that Fred continually disappoints.. Actually, it’s not Fred-

We are dealing with the very leading edge of micro digital technology. It’s something that’s never been done ….yet we have now actually heard the speaker, compared it with a range of analogue speakers , have experienced the great improvement in sound quality against all and have seen the absolutely flat curve of zero sound distortion across the spectrum.
And that was only Gen 1….
These are huge ,huge advances, so how is it possible that you can be disappointed?
Oh, and in all that time, Fred has kept the Company alive with cash injections - shareholders have not been called upon.

A little further time is of no consequence.

Wait and Watch