Ann: Year-End Shareholder Update, page-16

Neversatisfied,

Yup I agree and pretty much posted this.

I've posted many times about this topic. It's my belief that the the MC of the company is inflated due to the amount of SOI.

The SOI becomes the backstop to any drop in validation, sort of insulates the company at an artificial level.

Any consolidation, should it happen, removes this barrier and investors typically see a correction to a more accurate MC.

In my view, this is not a $100 mill company, it's a $20-40 mill company. A consolidation might reveal this or it may not. Time as always will tell.

Just my thoughts.

Cheers.