Ann: Invitation to Participate in Share Purchase Plan, page-18

Common Bakerrrrrr a blind man could have seen what was happening to the SP. I don't know how they did it, but clearly a friend or wife of someone was buying shares, so that they could arguably raise capital at their desired price. It was never going to stay up. The number of Sellers to buyers was close to 2:1. Now that is not conclusive evidence by any means but it does make you ask questions.

About the path to profitability, this is 50/50. Yes costs have been coming down and revenue increasing. But this doesn't mean costs will continue to come down and revenue will continue to increase. I think it's more likely that revenue will increase whilst costs stabilize. In fact i think costs will increase in the short term, due to integration of RentPay and servicing of further products. So I don't see profit this year, as the company has previously forecast, which is disappointing. The most we could hope for is operational profit, which is still unclear. Revenue clearly isn't rising fast enough to remove that half a million deficit per quarter.

Rent need to improve on all aspects of their products and revenue. However this will cost money.

I'm thinking this will be another tough year for investors. I wish i had held onto my money cause i think i could have bought in at cheaper prices.