how, page-17

For what it is worth i personally do not believe the company is that sick. Am willing to admit i may very well be wrong but it will all have to come to a head soon.

These comments must be taken into the context that we are now talking about a $3.5 million capitalised company - not a $20-$30 million company. Half year revenues of $5.5 million odd tell me there is some underlying value in the business. People will say revenues are not profits but to me, revenues of $5.5 million in a 6 month period for a company so small still prove there is a product to sell. much of the cash loss would have been associated with the DAAC robot which has now been totally written off. This was also earnt in a period in which the automotive industry which DDT is largely exposed too was suffering its worst downturn in 40 years.

I suggest shareholders set up google alerts for Datadot. It has staggered me the amount of hits I am getting for "good news" stories through the media press especially in relation to motorcycles, heavy machinery, tax stamps & home contents. For some reason the company seem reluctant to highlight the "good news", shareholders are lucky if they skim across it via brief notes in a half yearly report, shareholder newsletter or so forth. In fact amazingly the current board have used every opportunity possible to "talk down" the company ala the ASX please explain when the shares "rocketed" to 6c! Wouldnt the company have simply been able to say to ASX, "we were 14c, 3 months ago!!!"

i suspect there is a bigger play on here. we will get the opportunity to form a concrete opinion on the current board soon enough, to me it looks like a) they are squeezing the price as low as possible to underwrite a cheap rights issue themselves, b) the company is truely in diabolical trouble or c) the board are ethical, can arrange a deal with the south africans to get that $1 million released, then possibly hang out and receive a substantial return from the ATO which will negate the need for a placement for a considerable period of time.

would love to know ian allens thoughts & position. would think if he left on bad terms he should explain the situation to shareholders, call an EGM and stand for re-election. one thing about ian, he had the passion. however as we dont know, it is possible the board had justification if he was indeed sacked.