Ann: Cover Letter to Appendix 3B 19 03 2018, page-22

When was the last financial year QBL made a profit?
Look back at the last 3 or 4 years quarterly and annual reports. Why did QBL raise money so frequently when they seemed to have millions in cash, according to their owns reports.
MCL was bought into. Did shareholders have a say?
No business study was provided to shareholders.
You have no idea what the business model is or what anticipated profits may be in the future.
Every crop farmer in Australia will be running the ruler over hemp seed production.
Many of these farmers will be very experienced.
Hemp grows like weed.
Prices will reduce quickly when over supply occurs.
I will be watching.
Yes, QBL has money in the bank and management will be well paid for years regardless of profits or losses.
All the money has been created by capital raising.
That's why there are so many shares on issue.

iwonder