Ann: Recorded Investor Update, page-21

A bit too optimistic with your expected figures there. There was nothing disappointing with the last quarter revenue either although it might have caused a spark for the current sp correction. Just working roughly RFN had 15 customers (read that somewhere) by listing date, assuming they were all billable during last quarter that gives us $119,000 divide by 15 divide by 3 to give us an average for each customer of $2,640/month. Not bad. Assuming also that some customers that were announced during the quarter also got billed, we can for the sake of estimate say that each customer so far gives us an average of $2,000 per month. I counted 14 new customers including Randstad last quarter. Assuming again that they are all billable this quarter gives us a rough estimate of 15+14 x $2,000 x 3 = $174,000. There are some other variables like the other 9 customers announced during this quarter and the impact of the Wooboard customers that was finalised earlier this quarter. So a more reasonable expectation is that the revenue will be doubled of last quarter - any more than that is a bonus!