500,000 existing users @ $50pa=$25m revenue pa, page-28

Ozzy,

There IS 500k users for the Web Based version.

You are making a silly assumption that none of them log on.

Anyway, if any of them migrate to the iTunes App version than that's a massive bonus.

The App version itself will be a lot more downloaded as it's easier to do so and it's easier to access.

The App Annie stats confirm that the App version is getting massive attention.

I'm looking forward to the revenue being reported, just like management is!