Ann: Quarterly Activities Update and Appendix 4C, page-3

Have to keep in mind that the June Qtr is the slowest quarter for Edu-tech sales...noted on page 2.
Looking forward to the next year, US sales we can hope to pick up in the june qtr, as that is prime time for the US Market, and when those sales have been made, the cross over for the Australian edu-tech sector will pick up.

Great, costs have been reduced, then when you add the placement stock +R&D, they will be cashed up for the next 6 months.