Ann: Appendix 4C - quarterly, page-2

Well it looks like my estimates numbers were a off, seasonal variation and some technical challenges, plus APO has only now officially gone to market to sell XtrackTV. Cash receipts as 445k seems a little low for the run rate I estimated they were doing so I must also be missing something between the time lag from revenue booking. Maybe the time slots and pricing matrix has changed from what I last understood it to be.

That said they are getting traction with some big companies that spend up on advertising so with a proper sell from APO, hopefully the June quarter will demonstrate the earnings power I expect from this advertising niche.