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The broker presentation, as discussed.

 

regards,

 

MBX Investor Roadshow

Geoff Gander

Director

November 2004

Background to the transactions

o MBX floated in March 2000 as part of the Dot

com boom

o Initially sold on a business model driven by

advertising revenues with hits attracted

through Unified Messaging service

o Like many companies of that era, failed to

deliver and has never made a profit

o Change of control in Nov 2003 and new Board

set about a complete review of the business

o Decided that the existing business needed to

be either revitalised or sold

o A number of opportunities were looked at

Flexibility provided by cash

o MBX still had cash reserves of c $3m and accumulated losses

of over $6m

o Directors keen to see if they could fine a ÃÆâ€â„¢ÃƒÆ’ƒâ€Â ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒ¢Ã¢â‚¬Å¾Ã‚¢ÃƒÆ’ƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¢ÃƒÆ’Æâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬ÃƒÆ’Æâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¦ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“same businessÃÆâ€â„¢ÃƒÆ’ƒâ€Â ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒ¢Ã¢â‚¬Å¾Ã‚¢ÃƒÆ’ƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¢ÃƒÆ’Æâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬ÃƒÆ’Æâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ and

perhaps use some of the cash for a 2nd project

o This strategy has culminated in the acquisition of 2 companies

by MBX:

n Virtualplus

n Novacoat

o Following 15 min presentations will go over both companies

and why Directors believe both offer excellent investment

opportunities going forward

o This presentation will summarise the specific transactions in

terms of prices paid and the milestones that have been set

VPH

o Virtualplus Limited

n Purchased by MBX and MBX to be renamed Virtualplus Holdings

Limited

n $1.3m in cash (excluding $100k corporate expenses)

n 64.7m MBX shareholders

n Purchase price of $3.85m via issue c 99m shares @ $0.03859 per

share

n Additional performance shares available:

o 15m shares for AIM listing achieved by March 31 2005

o 66m shares for achieving an EBITDA (less $230k corporate expenses) in

12 months from listing of $3.15m

o If AIM target date not achieved but EBITDA target made then all c 81m

shares will be issued

n Total consideration therefore is a max of $7m via issue of shares

n Prospectus to raise additional $1m based on min issue price of $0.20 after a

1 for 4 consolidation

n Relisting expected in late Jan 2005

n AIM listing expected by end of Mar 2005

NVC

o Novacoat

n Purchased by MBX subsidiary Novacoat

Holdings

n $1.4m in cash

n 6.4m MBX shareholders after 1 for 10

consolidation

n Purchase price of $2.7m via issue of

9m shares @ $0.30 cents

n Additional raising of $600-900k

n Compliance listing expected in late Jan

2005

Board and Management

o New management team for both

companies

o New Boards for both companies

o Both companies cash flow positive

day 1

o Presentations (15 mins each max)

n VPH: Geoff Gander and Don Christie

n NVC: Robert Franco

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The broker presentation, as discussed.

 

regards,

 

MBX Investor Roadshow

Geoff Gander

Director

November 2004

Background to the transactions

o MBX floated in March 2000 as part of the Dot

com boom

o Initially sold on a business model driven by

advertising revenues with hits attracted

through Unified Messaging service

o Like many companies of that era, failed to

deliver and has never made a profit

o Change of control in Nov 2003 and new Board

set about a complete review of the business

o Decided that the existing business needed to

be either revitalised or sold

o A number of opportunities were looked at

Flexibility provided by cash

o MBX still had cash reserves of c $3m and accumulated losses

of over $6m

o Directors keen to see if they could fine a ÃÆâ€â„¢ÃƒÆ’ƒâ€Â ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒ¢Ã¢â‚¬Å¾Ã‚¢ÃƒÆ’ƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¢ÃƒÆ’Æâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬ÃƒÆ’Æâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’‚¦ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã¢â‚¬Å“same businessÃÆâ€â„¢ÃƒÆ’ƒâ€Â ÃƒÆ’¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒ¢Ã¢â‚¬Å¾Ã‚¢ÃƒÆ’ƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¢ÃƒÆ’Æâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â‚¬Å¡Ã‚¬Ãƒâ€¦Ã‚¡ÃƒÆ’‚¬Ãƒâ€Â¦ÃƒÆ’‚¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚¬ÃƒÆ’Æâ€â„¢ÃƒÆ’ƒÂ¢Ãƒ¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡ÃƒÆ’â€Å¡Ãƒƒâہ¡ÃƒÆ’‚ and

perhaps use some of the cash for a 2nd project

o This strategy has culminated in the acquisition of 2 companies

by MBX:

n Virtualplus

n Novacoat

o Following 15 min presentations will go over both companies

and why Directors believe both offer excellent investment

opportunities going forward

o This presentation will summarise the specific transactions in

terms of prices paid and the milestones that have been set

VPH

o Virtualplus Limited

n Purchased by MBX and MBX to be renamed Virtualplus Holdings

Limited

n $1.3m in cash (excluding $100k corporate expenses)

n 64.7m MBX shareholders

n Purchase price of $3.85m via issue c 99m shares @ $0.03859 per

share

n Additional performance shares available:

o 15m shares for AIM listing achieved by March 31 2005

o 66m shares for achieving an EBITDA (less $230k corporate expenses) in

12 months from listing of $3.15m

o If AIM target date not achieved but EBITDA target made then all c 81m

shares will be issued

n Total consideration therefore is a max of $7m via issue of shares

n Prospectus to raise additional $1m based on min issue price of $0.20 after a

1 for 4 consolidation

n Relisting expected in late Jan 2005

n AIM listing expected by end of Mar 2005

NVC

o Novacoat

n Purchased by MBX subsidiary Novacoat

Holdings

n $1.4m in cash

n 6.4m MBX shareholders after 1 for 10

consolidation

n Purchase price of $2.7m via issue of

9m shares @ $0.30 cents

n Additional raising of $600-900k

n Compliance listing expected in late Jan

2005

Board and Management

o New management team for both

companies

o New Boards for both companies

o Both companies cash flow positive

day 1

o Presentations (15 mins each max)

n VPH: Geoff Gander and Don Christie

n NVC: Robert Franco

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All the seller have pulled 9c next lol

 

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In reply to: rental on Friday 19/11/04 03:02pm

Thanks rental for your info

I have been keeping a very close eye on this one, the potential for the two new co's looks huge.

The shares in mbx are tightly held so any weakness in the share price is an oppotunity to buy.

Both new co"s are in a growing market, to get free shares in novacoat is a real bonus.

I like the story with this one.

 

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In reply to: lorda on Friday 19/11/04 10:30pm

Furthermore, revaluation of AIM listing for Virtual Plus will also be a driver of this company next year. Just ned to get AGM out the way and look forward to bigger things for MBX shareholders next year. Watch smarties buy before AGM

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In reply to: rental on Saturday 20/11/04 08:16am

thanks for your posting regarding this one rental.

My broker is very close to MBX, he his expecting some GOOD buying to come for this one.

We saw volume pick up during the week, someone even paid up to 9cents. It was ony because somebody sold 300 hundred shares that we saw the share price close at 6.7cents on friday.

If what you say is correct and the buying picks up before the agm then I think we are on a real winner. Not many shares around, so if the story is good with the two new co's being formed then this should fly.

The key to MBX is that because their are not many shares around anybody who wants it has to pay up. We are getting two co's making money for the price of one.

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Spot on Lorda. One of the boom industries in Aust. at present is the mining services industries and here we have a new entity well managed and making real profits being back doored into MBX. There has been some strong indication from the broking world that this will be a real winner for MBX shareholers
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