Ann: Market Update, page-50

The broker putting together the spp is completely inadequate to do this job. They have shown that they are terrible and managed the situation terribly. Totally incompetent. Management grossly misjudged schedule and cost of building a data center which is very concerning considering the only business that they are in is building data enters. I think it will hit sub 5 cents before it reaches 8 cents. Their communication has been terrible. Now we are down to 1 x data Center for the foreseeable future which will reduce revenue by half of the original budget, We have lower than expected margins on any dc revenue and no sales to date. We have a team of staff in place costing us every minute even though they have nothing to sell yet and only one center to sell. I’m still holding and bought more today. It is going to take a long time but I do believe in the storage business as an annuity style business whether it is selling data storage or furniture. I also feel that dxn have an advantage with their system and a growing industry. 5 years ten bagger from today’s price providing the management can make it happen and not dilute the stock price too much is my call. I am concerned about the muppet show we have seen so far though.