Ann: Trading Halt, page-11

I have limited confidence that there is a master plan, so far all the board has suggested is that they want to re-invest the proceeds into Urgent, which has the losses increasing year on year ($300k loss last year, $1mil loss this year). How much money is going to be required to get this business profitable? Techiche on its current path will never make use of the tax losses.

The strategic review they have announced is basically corporate code for either selling Statseeker to NBC or buying out NBC to own it wholly. My 2 cent prediction is that they will announce at the AGM that they are selling Statseeker to NBC and Techniche will be exclusively Urgent and then watch the stock price fall like a rock.

I'm holding on because its a small portion of my portfolio and I'm hoping that somebody comes along when the share price drops and shakes up the shareholder register to buy the shell.