finding some support, page-6

Hi rifici and lindo

Yep, my post regarding price action was based purely on TA. But it has come to my attention that they are doing a placement at the moment to instos, so i am not paying any attention to the price action until this is done.

Lindo, getting a few instos on board will achieve exactly what you said in your last post about having some larger investor presence!

That is why they releaesed the broker/investor presentation yesterday.

Rifici you are right, ultimately sales are what will drive the BRT share price. But you must remember that a) from next month BRT will have annualised revenues of $15m and around $2m in profits, b) licensing deals will drive future profits, c) the market is forward looking, and c) both a and b will combine with the existing BRT product range to drive increased sales and also investor awareness and ultimately the SP.

If you look at the market cap of the company, under $15m, its nothing for what they have achieved and where they are at. That is why i think that once the raising is done, we will see a continued upward movement in the SP as more licensing deals are announced and they move into the new year when the officially take over Enertec, Reveal and the UK company and are cash flow positive.