Ann: Appendix 4C - quarterly, page-54

Yes I understand that Peony ,it might close the doors but I did not by in at 40c ps or even 30 c . I bought in at a average of 4.6 and spent around 40 k . In my opinion the IP value of the ADAPT is far far greater than what I have paid and the fact that the product is approved in the two biggest markets in the world make this company worth way more than the 36 million its market cap currently sits on . I have taken a punt some investors do sometimes . If the company survives the next 6 mths and the management fix the underlying issuses the growth of the ADAPT products should put the company into a cash flow positive position . If this is achieved this company is well and truly a $1+ ps company . At $1.25 my investment is 1 million + so you see for me it's like backing a 20 to 1 shot each way . If it gets up the payout is great but it falls over i believe the sale of the ADAPT products along with the IP will greatly exceed
the amount needed to recover my outlay