what just happened, page-11

HI risk,101, the next few months will not bring any good news concerning Senetas revenue that may impact the SP. But the 2. major influences that will determine were this company end up should come to the fore, The value of votiro to Senetas will become clearer and be a factor in deciding if the company is a possible takeover target, as presently no one is going to pay 20-30c for it. Secondly if the French accreditation comes through in June, then Thales may have a decision to make as up till now they have pushed the Senetas products at all. The key point here is that this certification gives Thales the ability to sell to all EU countries, except Germany, and in addition they do not have access to the File disarmer that Votiro possess. The future of Senetas will be determined in the last 6 months of this year as right now, none of the Top 20 shareholders can cash inany of there gains and I don't think that this will get any better for them in the next 12-18months. IF votiro proves its worth, then 20-30c may be achieved which is what I believe ,they are working towards.