Ann: Quarterly Activities & Appendix 4C Cash Flow Report, page-2

A real struggle going on to keep the wheels turning. The fleet is being sold off to pay loan instalments and operating expenses.

It seems to me that the cost of financing vehicles with rising interest rate costs was greater than anticipated and did not cover income derived.

Progressively back to the light vehicle model seems to be the new approach.

Financial support is desperately required by no later than the the end of next quarter.

I am surprised that the principal shareholder has not stepped forward to assist in some form. Shows a lack of confidence.