Ann: Appendix 4C - quarterly, page-8

Yes, most probably. If it wasn't for that likelihood, coupled with the probability that it will never be viable that prevents me from investing. Otherwise I would consider this a solid business with slow, likely growth potential, which based on the clients' long term nature would have made it a compelling investment for those not hunting blue sky needles in the asx haystack.

However, this unknown.... i.e. how long will oper8tor continue to bleed the business dry makes this uninvestable on any dependable metric. It seems, to me, folly by the founders to chase fame and fortune in the apps domain where moats are nonexistent, competition extreme and your business foundation,( fb messenger et al), fluid and likely animous.