Ann: CEO's Presentation AGM 2014, page-17

It is a legal process but I suspect the company would intend to relabel but not sell that product into the european market as part of CE approval eg south africa, russia etc.

It is a commercial decision at the time and subject to costs charged from the vendor to relabel vs new product costs.

If you want want the same communication level as a top50 company you have to pay some pretty big legal and admin bills and have lots of staff. For a company with cap of $83M I am happy for main resources to go toward getting approval and to get selling.

I think the AGM was good and as a paranoid accountant I am happy with the risk at this stage and now understand better why the company went the CE proir to the increased regulation that has occured in last three years.