Ann: Quarterly Activities Report and Appendix 4C-UPD.AX, page-3

The market picks up lots of stock the moment the sp drifts towards $0.50 and below with the volume increasing substantialy at these levels. As explained earlier the value of upd model lies not in the fees charged to the movers but potential revenue from business partners. We should expect an ann regarding the third trial partner shortly. From TA perspective is a downtrend but lets see if the resistance level is strong enough. I am comfortably sitting on IPO price but the obvious preference is on the way up not down.