Ann: BTX 1503 Acne Phase 2 Study Results Presentation, page-454

I have to say the announcement was handled badly. Most strange was that with the issues around the US vehicle the company still released the data 36 hours before they had to as the trading halt could have run until this morning. This would have given them time and opportunity to provide more information around the vehicle anomaly. Instead they rushed the results and then rushed out another statement/presentation yesterday morning.

We've been smashed for this no doubt.

I continue to hold for the long term. I believe they will learn from the errors of the past weeks. However it's going to take 6 months of faultless management and communications to get us back to where we were.