sent to the ceo 10 october 2010.

No response as at 28 October.

Lee, As I see it, over recent years the scope of the applications being progressed by the Company has shrunk; first the Company backed away from the battlefield- dominance and overwhelming-firepower weapons such as APLA systems, then ambush / anti-ambush mortar box arrays, and perimeter defence H.E. arrays. Other smaller H.E. system have also been promoted by the Company as being key objectives, and later apparently dropped. Most recently it appears that you have now moved away from ANY H.E. system as a first-to-market product, with the objective now diminished to LTL systems?

In consequence of the move away from high-value H.E. systems to relatively low-value LTL systems, the following questions become relevant for shareholders, and I would therefore appreciate a clarifying response.

1. Certification, Sales, Revenue.
Would you please provide detail regarding the state of development and certification of 40mm H.E. rounds, and of the development and certification of your earlier proposed lethal weapons systems, including the 3GL. It has been disconcerting for shareholders to watch while you have missed the majority of all of your own lethal 40mm ammunition/systems development and sales timetables, and also the projected revenue streams. Particularly so the revenue streams, because they would have precluded (1) the endless collapse of shareholder value and (2) the unending reliance upon the drip feeding of capital.

2. 40mm Problems?
Would you also please speak to the comments now in circulation, which are that as an apparent result of your failure to complete your published 40mm development/certification timelines, you recently contacted an ex Metal Storm engineer, who you had earlier sacked, to now inquire of him if he might be able to provide assistance with an in-flight wobble of 40mm rounds.

3. CEO Bulletin.
Further, would you please explain why, in your CEO Bulletin of 2 September, you excluded comment on ANY of the previously much vaunted key priorities for development of a range of lethal ammunition and lethal weapon systems, including for example, even the 3GL.

4. Have lethal systems now been put on the back burner?
Would you also explain why it is difficult to read the CEO Bulletin without embracing a clear and strong perception that the range of lethal munitions and lethal weapons systems have now been abandoned, in exclusive favour of less than lethal ammunition and less than lethal systems.

I believe these issues require explanation to the broader market.