I'm more impressed by the below statements which indicate a...

I'm more impressed by the below statements which indicate a chance of recovering the money invested todate..

• Possible expansion with niew client in North America
• Loss reducing to almost achieving profitability
• Share options at 1.5 and 2 Australian cents.

PrimaryMarkets

In light of these on-going negotiations, the Board has determined that it would not be in the best interests of our shareholders to open another trading window on PrimaryMarkets at this time. We believe this approach is prudent and in line with our commitment to ensuring the best possible outcomes for our shareholders. We will keep you informed of any further developments in this area.

Financial Update

In the first half of the fiscal year, the Company has begun to observe the initial positive impacts stemming from the comprehensive business and operational restructuring executed in the latter half of the previous financial year. These early indicators, coupled with our commitment to cost efficiency, are evidenced by the considerable narrowing of net loss from (should be to, not from) NZ$2,342k in the comparable period of the prior year to NZ$81k in the current reporting period.The Company is also pleased to report a 43% increase in revenue year on year, which is a direct result of the deepened engagements and expanded services within our existing business contracts, reflecting the value we continue to deliver to our key banking clients. This performance is aligned with our long-term growth strategy and commitment to shareholder value.

Our people and final thoughts

In this context and with the support of its cornerstone shareholders, the Company has issued a total of 69 million options (29.3 million to directors; and 39.7 million to certain members of the management team) under the Company’s existing Employee Share Option Scheme. The exercise price payable on the exercise of each option is AU $0.020 (except in relation to 15 million of the management options where the exercise price is AU $0.015 as required pursuant to an agreement between the Company and the relevant participant). The share options were assessed as a cost-effective and fair mechanism that appropriately incentivises the directors and senior management with the Company’s success as well as their retention.