Ann: TGA Registration Update, page-74

2 schools of thought:

1) that the TGA and Gov are against AnteoTech
2) AnteoTech are poor in execution

The harsh fact is, EuGeni was launched 9 months ago and we are yet to execute on significant sales in any geography. 4C on Monday (hope I am wrong).

I believe that 2) is correct. Whether that be "strategic" choice by the Board to not apply for TGA approval last year, constant back and forth on more info required etc. It is v possible that AnteoTech simply do not know how to execute nor how to submit quality approval applications. All the "TGA are moving goal posts" and "pro Chinese" sentiment may have elements of truth too. However, I focus on what we can control (not what we can't) and I believe that AnteoTech have quite literally been missing company making opportunities time and time again since the pandemic became a global issue almost 2 years ago.

Need nerves of steel to be buying today thats for sure.

Moose