RE:Likely a question already answeredpip I"ve looked at note 7 and its further required note disclosure of related party transactions within items in the balance sheet and income statement. These are already expensed in the income statement and accounted for in the balance sheet as owing but unpaid - meaning they happened within the last quarter or half but hadn't been paid yet which is normal. Don't see where you are concerned here. Note 11 won't mean anything until we see how the integration works and where they can cut costs if any and more importantly does this create a marginable cross sales opportunity? Only time will tell. The bottom line is that Snipp is growing - adding offices in Toronto, London and Switzerland this year and adding staff and infrastructure all the while not touching cash. So the 89% margins are clearly going into the growth of the company. I think and only my opinion that if Snipp stopped investing in growth and focused on profitability only then they could probably produce a $40 to $50 million revenue company with $10 million plus in net income over the next year. But then that really wouldn't change much for a while until technology squeezed the margins. They appear to think they are better off getting up to $100 million plus with multiple revenue streams before they consider a profitability switch.