March 2007 CEO...

March 2007 CEO Bulletin

http://www.metalstorm.com/component/option,com_docman/task,cat_view/gid,37/

I suggest you read this whole document it mentions the time scale of several of the items you refer.

This is just part of the bulletin. The more you read the more you learn about the promises made at this time.

Have they been met???

FUTURE STRATEGY

I am adopting a strategic framework within which Metal Storm will plan its future. It is simply called
NOW NEXT AFTER NEXT, and defines the next three phases of the life of the Company:

NOW up to June 30 2007 Meet the performance and financial requirements of the
agreement with the Convertible Note Holders

NEXT July 1 2007 to June 30 2008 commercialise 3GL and RedbackTM systems for delivery.
Make first volume product sales and substantially increase the scale of US Government
contract business

AFTER NEXT July 1 2008 to June 30 2010 Rapidly expand product sales, move additional
weapons systems to commercialisation, significantly improve revenue and net income.

Catch phrase here should be - Show me the money honey???

Have the timeframes been met, have the promises been met? 07/08 were going to be the big years
07/08 commitments to the shareholders have not been met yet.

So I will let you be the judge AND JURY if you so wish..

I wait my penalty for telling it as it is...bring it on.