Ann: Appendix 4C - quarterly, page-45

The story behind this company started so well. The growth was looking fantastic. Blue skies ahead. What the hell happened and how is the SP only 10% higher than IPO after more than 2 years. We've had a complete run around from the management and rubbish results. The only thing I can say about it is that at current levels there still might be slow value left in it, as well as the mention of maaybe signing a contract with a big pharmacy chain ie chemist warehouse etc. The risk of the shares being sold off now they've been released from escrow and the bergen connection have really cast a shadow over the whole company. I'm a hold for now because there's still a chance they could pull a rabbit out of the hat in the next year.. and it's still a relatively safe bet in the current climate.