Ann: Appendix 3Y, page-7

"we'd be see him taking the full alotment?" there is still time so maybe he will take more or maybe he won't, he might have a wife that has expensive tastes and has to cater to her needs. Hamish has heaps of skin in GMC so no biggie if that's all he takes.

"Not good that the options are almost worth nil on market." - I think it is good, if they all get converted then that is a huge amount of shares to be issued that will keep there S.P. where it is for a long while. GMC is not relying on the conversion of those oppies for cash.

"Big selling yesterday at $0.001". Also big buying, I would expect those shares to be converted

"Still no DSO either" wouldn't expect that until after oppies expire

"as option expiry nears given the perilous liquidity position" NO it doesn't - at the end of this Q GMC should have around $1.5mill, check last quarterly - $655k after out goings plus 2 raises in the Q = $629k & 5 lots of option conversions = $264k, plenty of money for at least another quarter.

I hope that helps you sleep at night TT, but hey why should it matter to you? you DON'T HOLD right