Small instos accumulating CM8, page-90

Ho Hum - "The analyst does not own shares inCrowd Mobile Limited .DJC Advisers and/or Directors do hold shares inCrowd MobileLimited.DJ Carmichael Pty Ltd has participated in placements inCrowd MobileLimitedand has acted as the Lead Manager and Corporate Adviser toCrowdMobileLimitedand was paid a fee for these services.DJC,its directorsand employees hold2,000,000 unlisted CM8 optionsexercisable at $0.30expiring in December 2018".