Ann: Quarterly Activities Report and Appendix 4C, page-79

I assumed youv'e mis-typed in saying this "Their product was also far superior to anything Nuh has." You cannot be that uninformed.

As I stated, I don't know where the money is coming from. But they have survived for three years on just $30m so far, I expect them to survive longer. There are many ways of raising money - and many sources.

And finally, you've actually helped make my point. All of these massive companies (with massive finances) have been trying to build this type of stuff for years! And here sits little $77m Nuheara, not only with the product, but with the IP and sound engineers who have proven they can do it.