Hi all,I got in contact with Andrew via email - see...

Hi all,

I got in contact with Andrew via email - see below:

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Thanks for your email and I understand your concern.

We are currently taking measures to improve the company?s position which should transpire next week.

The requested of a suspension with the ASX is in place for a 2 reasons

1 As a Director unexpectedly resigned we are looking for a suitable, value-add director and don?t want to grab anyone but get the right strategic fit
2 We are in discussions with a third party for a interesting opportunity to strengthen our core business.

In addition, by way of clarification, we put 3 non-performing companies from the ?Sonnet? group into VA as they were adversely effecting the group?s performance. This process is almost complete and will cut out significant overheads from the company.

I hope this answers some of your queries and I would be happy to meet you if you would like further clarification.

Regards

Andrew Phillips

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Still playing a waiting game unfortunately, there's not much we can do.

Cheers,