Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-28

HI thewood..............very interesting... Market Perception is a reality. The 'follow the leader- and if the Leader is of note' then there must be something brewing!!! It is more powerful. .. Yes something ' perceived to be true'. I think another description would be ' A Judas Goat'

(A Judas goat is a trained goat used in general animal herding. The Judas goat is trained to associate with sheep or cattle, leading them to a specific destination. In stockyards, a Judas goat will lead sheep to slaughter, while its own life is spared.) Maybe called 'The Heard Mentality'

In my observations in my time in the market...when big funds (Aussie funds) were buying and the plebs got wind of it and followed..I got many buy orders from clients from that situation Sometimes OK others not so good. The sharp ones bought and set a target... sold moved on. Their focus was on $$$$$$$$$$$$$$$ not the stock or how good it could be in time. Traders! Then the ASX stopped the process of naming of Brokers on Buy/Sell orders. With experience one had a fair idea of the client behind the Brokers orders. I could never work it out because of lack of experience with this.

'Please note only my belief- I have 0 evidence' but a strong 'gut feeling' that there is no way the 2-3 Biggies will are/not involved to be involved to get the best deal 'for their own good' from AVR. Wayne Patterson is our 'David' in the David and Goliath battle about to begin (?)

It will never happen but if we small shareholders sat rock solid and had a 'no sell - whatever' the price of AVR has only one way -- up.

This journey will be one of fascination ....... I will enjoy it and I think sooner that later.

If one looks back over the facts of AVR's product(s) and focus on comments from the Doctors... Remember as said before the Doctors have a reputation to protect.... and an ego (rightly so) to fulfill- in the future. Who would not want to be forefront of such a product and its benefits. Wayne's latest interview of a few days ago -listen again- points out some great matters, beneficial to all.

The direct beneficiaries -Patients -young and old , Doctors, Hospitals (less time costs in recovery). In fact those that may, unfortunately become heart challenged.

Our AVR product in my opinion is paramount in future heart valve replacement.

Watch this space...

Said before - waiting on specific detail(s) of the final tie up from the last 5 patients.