Ann: Quarterly Report & Company Update - Appendix 4C, page-5

Why is everyone getting stuck into those Directors for selling when they did? SMN shareprice spent years at the sub- 10c level then rose as it appeared the company had reach significant milestones. If I was a director and had been sitting on millions of shares all through the years of languishing then find the price at or over $2.00 then I am sure I would have sold some too. You can't blame them for liquidating some of their non-tangible investment into cash at an extremely healthy profit. I defy any one of you trolls to say you would not have done the same or similar thing. We are all here to make money for ourselves and others - including the directors. Nothing much has changed in SMN and that is the key - sure contracts may have not have been signed off as per forecast time-frame but that does not make for a disaster. As can be seen by todays update and Maq's research report all is good in the world with SMN. Patience will be (heavily) rewarded.