Ann: Response to ASX Appendix 4C Query, page-2

ASX asking the right questions which is good to see. The responses however do not fill me with confidence. $1.33m expected to be converted to revenue before the end of FY19. Based on current cash burn, cash at bank and current debt facility and draw down I'm at a loss as to how the company won't run out of cash. It's going to be a tight quarter and if I was running this company I wouldn't be taking a pay check at the moment. Just my opinion of course.

If you're questioning why my sentiment is "sell" and my position is "held". I invested $3k in this when the SP was around 3c. The current share price means that money is basically gone and liquidity is pretty poor so this is just a capital loss for me now.