Explanation from management

I believe it is time for another interview with Keith Glennan on finance news network, or similar.

The lack of quarter on quarter growth is concerning.

Cyber security a hot area, and Tesserent has a proven product with blue chip clients. Tick Tick.

Yes, new products being developed. But, Tesserent been in business for many many years and the whole point of the IPO was to raise capital for expansion of the business.

We have actually gone backwards, quarter on quarter. Backwards!! Far out.

I suspect if you removed the Blue Reef revenue, the actual organic revenue growth is modest at best.

I believe Tesserent need to get on the front foot about the quarter on quarter results. No hiding behind a year on year figure. I'm happy to call that out as spin. So was the failure to notify shareholders about Kurt Hansen's departure after announcing his appointment to the ASX. Spin again. The previous practice of releasing 4C's after the market closed. Spin again.

Disappointing quarter on quarter result. No spin please. This is a spin free zone. The numbers don't lie. Shareholders deserve an explanation. What does the "restructure" of the sales team actually involve? Put some meat on the bone please. What is happening with channel partnerships? Again, some meat on the bone please.

The shareholders who jumped in to this stock at 20c deserve an explanation. Stock languishing at 8c and looks to be staying at these levels for a while.