very impressive half year report, page-16

PP,

Hi, love chatting with you. It can be dicey though, dodging moderation and suspension. For the record I see your last post as an out & out direct bait but have not TOU'd you, I will try to respond in a manner that does not see my post moderated, here goes....

To all others named in PP's last post be on notice that PP is a known baiter and any aggressive responses by you will probably be moderated so chose your words carefully if you reply to his posts.


My comments on recent MNF share trading activity is at best positive speculation, accepted. Let's wait and see shall we. At least this recent MNF share trading activity appears to indicate that some in the market view their recent 1/2 yearly positively as I do. Just a reminder for you, MNF is the first EVER VOIP company in Australia to show a profit.

MNF has had 100% growth for 3 years in a row, I am pretty happy with this, you would be too if you were holding MNF. I will await financial guidance from MNF directors before promoting any potential growth.

I think you hold ENG from memory, so I guess you are used to 1-2% growth and $12M PA losses so I can understand your scepticism borne of direct experience in being poorly invested in VOIP companies that lose massive amounts of money and see their share prices fall to the value of peanut shells. I see where your growth comments are coming from.

As for the directors being honest and respectable, you simply need to look at their forecasts and compare them with their published results, they can hold their heads high. Firstly, they actually make real financial forecasts and secondly they meet or exceed them. They have done this for 3 years in a row, to me that constitutes Respectable & Honest. What is your benchmark for respectable & honest directors?


As for directors and my alleged intimate knowledge of their financial position, I believe my comments in regard to this were as follows:

Post #: 3784262 24/02/09 ENG Forum

"Also, Cica earlier comments about ENG possibly picking up other assets cheaply would be quite applicable for MNF, $15M is a very cheap price for MNF considering their clear and obvious potential! Large MNF holders will not sell out for less than 25-30c and nor do they need to, they are under no financial or other pressure to do so."

I hold a chunk of MNF and have made it my business to get to know other large holders, all information solicited by me is above board, I know nothing more than any other MNF shareholder would be legally entitled to know. IMHO and after direct conversations with other large holders I believe my statements to be true. Without any doubt whatsoever, clearly the fact that there is a complete and absolute lack of any MNF share dumping validates my statements 100%.

When MNF goes off like a rocket, and they will, we shareholders can chose to sell out at approx 25-30c to a takeover offer or sit back and enjoy dividends. Something wrong with this logic? If you actually own any shares at all perhaps you can explain to us why you own them?

So you would have us believe that you know the only way that a possible merger would take place? That MNF would have to be privatised? So this is the only way it could happen, huh? Well, I do not agree with that and think it incredibly presumptuous of you to proffer it as the only possible solution.

Large debt to Symbio is in effect stock in trade with a portion of it to be interpreted as longer term debt but not all of it. Symbio is a related company to MNF and frankly MNF shareholders could not have a better creditor!

MNF are growing at a very fast rate and one can see that they will at some point in the next year or so they will clearly be completely cashed up and able to pay their Symbio debts as and when they occur. Possibly, or they might choose to continue to run a large account, I don't know for sure but I believe they will at least have the actual choice as they are profitable.

I think that FRE do not have the respect of any VOIP company in Australia and doubt very much that anyone like MNF would seriously consider dealing with them. My previous comments about MNF and others using FRE for backend were very much LOL based.

I do like the PR moniker, I don't have a problem with it but I think I am in reality more appropriately an Educator, LOL!