Letter of intent to fund Vacs, page-17

Questions remain why we were buying a higher stake into the Vaccine business on the back of old CRs which caused the SP farce we are in. That had a detrimental effect on investors and now the U turn.

Rodne/Wayne come across as politicians who just reverse decisions and not get anything done. Wont be surprised if they start buying back in at a much higher price in a few years time, if the trial outcomes become more positive.

No accountability or explanations from people like Rodne. I know that new investors see this as very positive news, but its been a sombre affair for ones whose CR money was siphoned few years back.

Lets face is 60% stake for 18 million is cheap. I think Admedus paid much more than that on the back of our money.

I was in it more for the vaccines upside than the cardiocel.