Ann: Appendix 4D and Half Year Report, page-7

Correction to earlier post.

Gen.Admin Expenses: Up 4.8%

In response ich, the increase R&D, a mere $174 720 was at the direct expense of IMC the remaining was via increases to grants etc. Marketing increases, $272 062 yes long overdue. Still irrespective a large gap exists between expenditure to add shareholder value and frivolous expenditure.

The point remains regardless of the extraordinary increase in revenue and the cash burn not only have the losses continued, the losses have grown by 4.8% and clearly not as a direct response of marketing or R&D.