CVT - Material uncertainty regarding continuation as a going concern, page-7

Hey MM,

  I'd suggest learning to read the accounts is a minimum requirement for any investor. They reveal the facts not the promise. Each quote is from their annual accounts.

You're incorrect that they have just been losing money for the last 2 years. Trent's been selling this "Revolution in data security" since 2007 (ref article below).

Cheers
_____
Trent Telford, Chairman & CEO Cocoon Data

Simplifying & Revolutionising Secure File Transfer

Created by Cocoon Data (2007), Secure Objects Technology is a Secure File Transfer system that simplifies the methodology of securing all types and sizes of private and sensitive electronic data.

With clients in Banking, Health and Defence, Cocoon Data assists with solving the growing issue of data leakage by protecting data in motion, data at rest and data in use.

We do this by:
* Allowing electronic files to be 'owned' by the sender - allowing a creator to revoke and change files & access post distribution & post opening
* Taking away the cumbersome management of keys from the user and allowing encryption to be done server side
* Separating the access keys, rights, identity and the data - a revolution in data security