re: Ann: MOU Signed with Hong Kong based CITI... I'm not sure...

re: Ann: MOU Signed with Hong Kong based CITI... I'm not sure what you mean. If what you are saying is that Freshtel need more time to gradually build a top rate international client base and that they have already started then I understand.

I think the point is that they will run out of money at the rate they are aquiring these customers. To expand on this I would say to you that since the new board formed that they have only attracted 3 new potential international clients in the last year, Tesco was already there before them, Pakistan Telecom (is it even contributing revenue?), AsiaStar (this I beleive is just a small telemarketing company anyway) and now this new potential INIC 1616 (what will they contribute?). All the local clients are just normal run of the mill business users that companies like ENG & MNF get every week and don't make fancy annoucements on!

My question is, of the 88 Freshtel employees what do they do everyday they go to work? Is this the best they can come up with? 88 x 8 hours = 704 hours per day or 14,080 hours per month.

I'll bet there coffee & internet download bill is huge.

Freshtel shareholders wake up, these guys are lazy and are just dwindling your assets away. You are paying Rhonda $400,000+ PA for this? No other VOIP CEO in Australia earns anywhere near this amount PA.