Ann: Quarterly Update / Appendix 4C, page-129

I've been out most of the day and have only just now been able to catch up.

Firstly, regarding the comments about the count of strips manufactured by Operon recently. Its my understanding that the original Operon capacity available to us was to be 8 million test strips in a year was it not? That corresponds to about 150,000 strips in a week so my interpretation of the 100m figure is that it is a typo and it should read as 100k or 100,000 strips. That would be a 1 - 2 week test run of the line. The alternate interpretation of 100m meaning 100 metres of test strip is MUCH too large - it would represent about 1 BILLION test strips at 10cm or 2 BILLION strips if they are 5cm. Not very likely.

The other comment in regard to no European cash flow makes sense in terms of the point that several people made that the 4C is a cashflow statement, not a sales or income report. It is likely that Spanish retail sellers would be on at least 30 - 60 day terms with the distributor, and AnteoTechs terms with the distributor would inevitably have to be even longer. If the lead time for cash is 90 days or more then no Spanish sales in Oct-21 to Dec-21 would be recorded in this 4C.

Now I don't know for a fact that the above are correct interpretations but it is apparent that some people are drawing conclusions about "self evident" facts in the 4C without think things through in detail.

GLTAH.