Ann: Change of Director's Interest Notice - Conversion of Options, page-53

I find it interesting that David MacIntosh exercised 400,000./$80k He's a non exec director and also the finance guy. If anyone should know that funding was secure he should.

David is the Principal of McIntosh & Associates, a boutique accounting firm consisting of three qualified accountants plus support staff. McIntosh & Associates provides accounting, audit, business structure, planning and taxation services and advice to large corporations, resident and non-resident individuals and a diverse array of small to medium companies and other entities.David is a Chartered Accountant and the holder of a Certificate of Public Practice and the holder the following degrees: Master of Commerce (Accounting), Bachelor of Engineering (Chemical), Graduate Diploma (Chartered Accountant). His qualifications include being a Chartered Accountant, Registered Auditor (Superfunds), Tax Agent, and an ASIC Agent. Prior to moving into finance David gained exposure in the area of chemical engineering through his work with Shell Oil Company and Environment Australia.