Chart, page-5116

I guess the lack of transparency or communication around the huge drop off in B2B from April to May is one of the points Lamchop was making. I believe PH misled you when he confirmed there were no material changes for May to report to the market when in fact B2B revenue dropped from in excess of $11m to probably somewhere in the region of $3-4m (based on $6.6m over May and June). That most certainly was a material change and one that only became apparent as part of the quarterly report. Once known it allowed the market to re-evaluate ZNO's future revenue streams which allowed the SP to be dragged down. I for one will now place less importance on a significant monthly revenue increase should one be announced, unless it is in the stratosphere.