Ann: Virtual Cards Agreement with AirPlus International, page-53

I disagree.

There is an insignificant number of shareholders that see this as a going concern.

The AGM was held just recently and shareholders all voted almost unanimously in favour of all resolutions which demonstrates strong support and satisfaction with the way the company is moving forward.

Shareholders voted to reward management and staff with bonuses for their great recent successes and hard work and rightfully so.

The issue of revenue being down the first time in 14? quarters of continuous growth was addressed at both the AGM and webinars immediately and points toward a very strong uptick in revenue incoming.

Furthermore the AirPlus agreement just signed will provide a further boost to revenue effective this quarter.

The real growing concern facing shareholders now is how fast spenda is growing.

Thrusters have been engaged. Carpet Court, Capricorn and Airplus all added over the past 12 months the coming 12 months look set to be a wild ride.