Ann: Resignation of CEO and Director - Mr Richard Sealy, page-4

Well it had to happen. Its a shame they were not able to announce his replacement after 12 months looking.

Richard has done a stirling job and positioned the company in many areas that are now looking very favorable for a brighter future. I am a Mikoh shareholder from way back and have been a believer for a very long time. Richard has never given up and has managed to keep the company afloat, even having to take money from La Jolla Investments(never a good sign, often last resort finance) and be paid in shares instead of salary (belief in the technology and future). This has all passed now and the company is ready to launch with a clean slate. All good and thanks to Richard.

Well done Richard and all the best for the future.

Gycor