Ann: Veris Business Update, page-4

I forgot about this company until I I was going over some possible turnaround stories.

They might not be doing as bad or grim as some may think simply because of their cash flow.

They produced some very good cash flow last half to pay down debt by nearly $4m and increase cash by $1m.

So I am interested if they replicate this during the last half. There is potential this could be an interesting and lucrative turnaround story.

I mean, they produced free chase flow (in one half) of nearly $5m on a market cap of $22m. If this half comes with a similar story then this would re-rate by 2-3x, possibly more.

Just something to keep an eye on