Ann: Quarterly Cashflow Report and Update , page-3

All,

Cash burn increased for the quarter compared to the first quarter so my earlier call on the 'CEO speak" was totally correct. Obviously this means other calls suggesting huge revenue growth were wrong. For your own sakes please learn that when a direct question is not answered there is a reason this is done by a CEO. Blindly ignoring reality is possibly the main reason people lose money when investing.

The ongoing delay with the Sensis deal, way way way past the suggste deadline, means that IPR remains the mistress being strung along while the marriage with Google remains intact...

So the IPR ship is still sinking for the time being - hopefully the next quarter will see a turnaround - but this is praying for now.... rather than jumping off the currently sinking ship....

Blastoff