investor relations, page-10

One reason for the continuous selling could quite possibly be the early rush for shares to be eligible for the SPP by speculators hoping to make a quick profit has now come back to bite them.

The reason is that as the SP creeps closer to the SPP price the danger for the speculators are they actually have a good chance of getting their full allotment.

Most have bought at 50 plus cents so the anticipation of making a killing for a small outlay has vanished.

So as they are in for the short term they are now being dumped incase the SP falls below 50 which in turn means the SPP take up will be undersubscribed.

Now the bright spot here is that these sellers are being soaked up by other shrewd potential long term investors it seems.

I have already canvassed what i think of the companies direction and dilution so no point going over that again but it is disapointing.

All will be forgiven though if the monies raised lead to more employees hired to service some juicy contracts.