there is no doubt that FC handed over to JDB a poorly managed...

there is no doubt that FC handed over to JDB a poorly managed company, however from what I observed at the AGM, JDB has done a remarkable job in turning around the reliance from Safenet to multiple sales pipelines. In fact the relationship that they now have with safenet is vastly superior to what they had in the past.

also, one of the reasons for the additional funds is to meet manufacturing demand, to date SEN has spent considerable $$ on expanding the production capacity of its Dandenong factory and this expansion will need to continue to meet the demand. JDB stated that production of the last qtr exceeded production for any previous years.