Company subsidiaries outlook from MD & A:

GFI

" GFI is pursuing a number of additional opportunities some of which will be in the tender process in the near term. GFI continues to expand its global network and presence and to source marketing and distribution partnerships with new and well established distributors in all parts of the world. GFI has numerous opportunities developing in Africa, Europe, Central America and Asia where it anticipates being the technology provider to new hydrocarbon marking programs in these regions. GFI holds Process Patents in the countries of China, India and Russia, Israel and the US.

Xenemetrix 

In 2013, Xenemetrix expanded the use of EDXRF to both the marine and extractive industries with the development of Petro-Marine XRF TM and a Geological Mapping Solution (“GMS”). Petro-Marine XRFTM is an onboard monitoring solution that facilitates regular and timely compliance of marine vessels with new and existing international regulations, and enhances the preventive maintenance process – leading to significant operational cost savings. The target market for the Petro-Marine XRFTM system is merchant ships of which there are approximately 55,000 currently in service worldwide providing the Company with an available market approximating US$1.6 billion.