Ann: Preliminary Final Report and Annual Report to Shareholders, page-10

hey Brian, look mate you have been very fixated on PPK selling BNNT, if you have read reports, PPK are focussing on JV’s in which they can incorporate BNNT to levels they can produce and redefine, Ballistics, battery tech ect, they are not sitting around waiting for someone to come and buy it off the shelf mate. They have made this clear from the very beginning once they achieved producing quantities greater than anyone else in the world at the highest purity the goal was to form partnership across plenty of fields which they have been doing, I have said from the beginning there has always been an 18month to 3 year scope for each JV they aquire