Mailing to Shareholders - Company Update
Jul 19, 2002
COMPANY UPDATE MAIN POINTS * JUNE 2002 QUARTER RESULTS ANNOUNCED # 2nd straight quarter of positive cash flow - Operating cash flow: $29,000 (June Qtr) up from $18,000 (March Qtr) - Total cash flow: $149,000 (June Qtr) up from $32,000 (March Qtr) - Cash level: $742,000 (June 30) up from $593,000 (March 31) # 8th straight quarter of increasing turnover - $4.3 million (June Qtr) up from $2.9 million (March Qtr) # Growth in online computer software, hardware and online gifts. # Expansion into online music and DVD's, jewellery and health products. # Full announcement available at www.jumbocorporation.com * SHARE PURCHASE OFFER CLOSES FRIDAY 26 JULY 2002 # Purchase between $250 and $3,000 worth of shares at 2.5c # No brokerage costs and no trading restrictions # Shares have traded generally between 2.5c and 3.0c since May 2002. # The Share Purchase Offer is recommended to you by directors. If you wish to apply for shares an Application Form is attached for your use. # For further information or discussion please contact Mr Mike Veverka, CEO on (07) 3831 3705