Ann: Loyalty Option Issue, page-15

I feel your pain Yowie, I suffered a significant loss like you did with buying all of my options, I only exercised half of my holdings, It was horrible seeing the share price drop to 6c one month later,

I have 3 scenarios for the loyalty options,

I personally would like the options to be only offered to the shareholders who exercised their options in May, as you know the options were only just in the money

That the options will be offered to all shareholders with a record date earlier in the year (30^th June – Mid October), I also want this offer to be to shareholders and excludes directors and their associates companies, if the directors are asking for 17 mil free options at the AGM they either take the free options or the loyalty offer but not both,

What I suspect will happen, the loyalty options will be offered to all share holders with a record date somewhere in the near future. This will allow the NY investors that the company repersentive meet with to increase their holding, ( I assume the NY investors can take part, the USA have strange rules)

As I said the other day, I don't see how the NY investors (that a company representative meet with) will be able to gain a sizable share of the company, 8% of the company is held by management, top 20 hold 40%, Top 50 hold 50% and 430 people hold 90%. Many of these shareholders are long term,

With the news flow expected over the next 3-4 weeks, IdTechEx Conference, BEST prototype, Concrete IP test results, Fire developments, VFD – Eco graphene oxide , The factory being completed, CRCP funding approval for the development of one of our IP’s / research– Most likely BEST or the commercialisation of VFD and our first sales to commence in 2018

You can always buy back in Yowie. (not investment advice)