Ann: Response to ASX Query Letter, page-46

Extremely poor.

I won't go through and pick out each and every thing, that would take literally days to collate.

Even the acronym for Structured Growth Capital ' SGC' is misquoted 6 times in the document as 'SCG'. This as a response to a very serious ASX query is just amateurish, unless designed to create more questions by the ASX as some type of tactical move.

I somehow believe that the SGC funding is real at this time, although am extremely concerned that the letter included in the announcement written by Brian Engel looks specifically written to appease the enquiry and shareholders of which is not his role so is extremely questionable at least to me.