Ann: Divestiture of non-core ProteoIQ software , page-2

re: Ann: Divestiture of non-core ProteoIQ sof... RB,

Here's one of your 5. 4 more to go in the next 24 hours.

This announcement is just more of the same, just providing spin (sorry, detail) to what has already been announced.

"The significance of this transaction is not the quantum of the sale price, which is not a material amount after expenses,"

i.e. "Please don't focus on how much money we have lost in this transaction." and "Don't expect any cash to go towards future business, because we've already spent it on salaries and bonuses."

and "The ProteoIQ software had been fully written off in a prior financial period and in the last six months ended 31 December 2012 only generated sales of $105,591."

i.e. "We've totally mismanaged this business over time. But expect a total 180 from what we've done in every deal before."

I think the market response is self evident.