Ann: Quarterly Report, page-150

Why not this? Management has followed the blueprints & executed well. Some delays with B2B roll out due to Covid otherwise this is flying.

They are moving very fast & adhering to their plan. Regular monthly updates keep us well informed. There are industry digital & ecommerce tailwinds.

SP will be at least 20c in 12 months = x3 upside x $500k = $1.5M.

Don't think SP can go much lower so the $500k is safe unless the market implodes.

There are others holding in excess of $1M & DT is holding over $6.5M which will increase to about $13.5M with performance options.

You think DT wants to see his investment shrink? No way. He will work extremely smart & hard. PWG acquisition is brilliant & nothing is priced into the SP.