[ATTACH] No reply, well I'll assume you have been growing your...

No reply, well I'll assume you have been growing your own LMS business for the last 2 years, since you spoke with Glen. I'll also assume you will hit revenues of $150k-$200k in the current financial year.

Okay, so onto Velpic, with revenue grown to $750k over the last 2 years. To the end of this current financial year, I expect this to grow to about $1.5m (based on a conservative 25% QoQ).

So, $1.5m vs your $150-$200k.

Sounds like YOU have missed the boat.