RURAL MOBILE SOLUTIONS PROVIDER

US$800M In Contracts Spanning 7 Countries

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Message: contract per site revenue question

Hello,

Glad to hear that the bridge loan is completed, and hoping we're off and running. A few questions:

1. I recall that revenue is typically $2000 per site, but I noticed a few months ago a contract was signed with $1500 revenue, why the drop in revenue and do you expect to continue to get $2000 per site going forward?

2. Can you remind me how many sites you currently have? And how many sites do you need to reach positive cash flow, and any idea when this is possible to reach, assuming the EIB is received within a few months?

Thanks

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