Question and response from Mike Verveka - CEO JUM.Question :At...

Question and response from Mike Verveka - CEO JUM.

Question :

At one point JUM was thought to be one of the fastest growing small cap e-commerce companies - since the acquistion of TMS JUM's growth record has slowed right down - On the back of previous announcements and the recent AGM many investors have been expecting acquistion and Betting Exchange news !!!
Wondering what is JUM's focus right now - Are you still primarily focused on the consolidation , intergration and organic growth of TMS or are you spending much more effort towards exploration of new opportunities to grow the JUM business ?

Response From Mike:

JUM's primary focus by far is growing the lottery business. It is putting in some stellar growth rates so we're pushing it as much as we can. We're still looking for acquisitions that will make us even stronger in the online lottery industry but it's a game of patience as we don't want to rush into any deal and end up paying too much.

With regard to the Betting Exchange it's very hard to put a time frame on it. Jumbo wants to take a partnership role with someone in creating an exchange so the hunt goes on.