Ann: Response to ASX Appendix 4C Query, page-14

@stardestr0yer, my best guess is that we will receive the announcement regarding new revenue from advertising sometime in March.

This means that we will have limited advertising revenue contribution to the Q3-FY19 quarter but that the Q4-FY19 quarter may have c.$100k contributed from advertising. From there on in, I have no reason to believe that advertising revenue will fall.

1ST have also been clear that in the long run, they expect a sizeable contribution from their advertising revenue stream (this could theoretically be the biggest of the 4 revenue streams if you use TAM size as a guide).

There will definitely still be cashburn in the next few quarters, but as long as revenue can continue to climb at a fast pace, that is the key metric from my perspective. I think that growth of 16% per quarter (80% CAGR) would result in a re-rating of the stock.