Ann: Proposed issue of securities - RHY, page-4

'I'm very confident the Board has the capacity and motivation to use the funds raised to'..............sorry mate but thats where we diverge.............' take first class trips to conferences, make promises that will never be fulfilled and come back to market in 12 months time to do it all again'.

I gave them every chance but in the end, regardless of the merits of the product, its in the hands of people who will never bring it to market.

I had a couple of phone calls with the now departed secretary after the failed TGA and he bashed on and on about how Colostat was being introduced to doctors in the UK and they were just going through a trial period so that the test could be funded under the UK NHS scheme. Funny, because I had a friend in the UK who approached several GP's trying to get the test so they could avoid a potential colonoscopy - they couldnt find it anywhere! So where were these alleged GP's?
And now they have scrapped the test altogether.

Invest if you like but be warned because their history stinks to high heaven.