Ann: Quarterly Activities & Cashflow Report, page-23

Sorry guys, but I have to say i'm very disappointed with these numbers. Obviously, I miss calculated the result and I was wrong.

There should of been more cash received, there should of been deposits taken on contracts. The operating costs alone are equal to the cash received and then staff costs on top of that.

I can't except the delay in cash received that should of been $3 million in over 2 quarters as a good reason for no cash received. Over 2 quarters its still not enough anyway. I'm shocked accounts did not take deposits for the contracts awarded. What kind of contracts are these?

Anyway, I have had to make the difficult decision to cut down considerably on DXN and look for other opportunities until I can see cash received increases. Like I mentioned before if this result was good, I was going to buy more shares.

Sold just over 4 million at 1.9 cents which is just above my break even price. Knowing my luck they probably get the tender and the price spikes and DXN holders live happily ever after. GLTAH....