Ann: Quarterly Update & Appendix 4C, page-57

This is huge and the next quarter will be defining - about to land Australia leading Telso (read between the lines).

Then progress another 3 - 4 NA top ten Telcos - either this quarter or the next.

Nigel does not understand the CISCO eco system if he thinks this could be minor - this could be bigger than all the Telcos put together.

Also $15m cash left at end of December - even if they continue to burn, build and conquer - that's a runway of 1 1/2 years.

The low today should be the nadir - providing global markets don't rupture.

I have never traded this stock - simply holding for the eventual Cisco takeover.