Ann: Felix Japanese trial provides sperm preparation benefits, page-31

More of a guess than an estimate. Looking at the shares traded. I thought that they were off loading shares every time the share price hit 1c up until the 14th June leaving them holding about 100 million shares at that time. Since then I am sure there has been tax loss selling by people lucky enough to make a profit elsewhere. My guesstimate is about 40 million shares have been traded in the last two weeks. Most under .08c. So at a minimum my guess would be they still hold at least 60 million but probably they still hold closer to 100 million. They would not have underwritten the capital raise unless they had some confidence in the future of the company. They will be waiting for good news and 1c. Again this is just my guess. I bought most of my holding in the good days, before Putin and Covid. No escape at this price.