Ann: CFOAM Limited Investor Conference Call, page-19

Been crawling for over 12 months and losing money and falling sp.

Facts are not one contract
Losing money
Both Plachas gone.
Touchstone has run this.
Do you understand CFO will not get any defense contracts, CFO have so far been Touchstone lacky, commercial contracts will get CFO to Alains trigger points not bending over for Touchstone, commercial contracts will drawf defense deals but then you see Touchstone will not control these or get a cut from them.
That imo is why they have not got any so far.
Plachas had to go and what I have been saying for some time.
You cannot go slow in this business and a year with no contracts is far too long.