Ann: Appendix 4C and Quarterly Update, page-62

I've be increasingly concerned with the state of the global economy, most recently with the interest rate cuts in Australia and beginning in the US today. I believe that we could be in for a recession soon, which had me wondering about how pet care fares during economic hardship. I ran across this article which gives you some hope, but it would interesting to hear any thoughts on cancer treatment specifically, as the costs might be a deterrent for families struggling to feed their kids let alone treat their pets. All this is in theory of course- if this is indeed a 'recession proof' industry, all the better for Pharmaust as it might one day be seen as a safe haven, dividend paying stock. in a volatile economy.

https://www.forbes.com/sites/patrickwwatson/2018/07/23/why-pet-care-is-one-of-the-best-recession-proof-industries/#357b4ff72172