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

AR9 has some great technology. It has a product that is robust and very marketable. Our problem has been that management decided to run on a high risk strategy and it has not paid off, so now they need to rethink it.

A big 7 figure contract will do little - an upward blip in revenue and share price with a slow retrace. The longer it sits at these under 10 cent levels, the more difficult it will be to kick it off the ground. We have seen a number of "one hit wonders" (7 figure contracts) over the last few years which has lifted the share price by a few cents only to grind back down.

What we need now is several 7 figure contracts in succession over a few months for a few years of sustained revenue. Essentially , a number of stepping stones to higher revenue with ARR, sustaining cash flow positive and confidence that we will secure future contracts. That will then sustain a higher share price( as subsequent contracts mitigate that risk of retrace) and who knows maybe even be able to dish out a dividend!

It doesn't look like a total and sole focus on Defence will deliver that.