Ann: PharmAust Presentation, page-49

Hi All,
After absorbing the weeks developments with the CR, followed by the update yesterday I'm feeling really comfortable with my investment in Pharmaust. There is a critical mass accumulating, and for me the only real unknown is how the market will react in the short term. My reasoning for saying a critical mass is accumulating is based on the following.

1. MPL has not failed a single step at this stage, shortening the odds considerably of it not proving successful in the Phase 2/3 trial.
2. We have a reinvigorated board, the previous board did well to progress MPL with minimal dilution, but it was time to refresh with new skills for the next stage. It has Scientific, Business and the most recent addition has added marketing/commercialization skills.[She looks a ripper]
3. The SAB. Well, can anyone find fault with the academic firepower assembled here ? These are highly respected, credentialed and connected folk, their appointments would have been noticed by industry.
4. The Management team has been built up in the last 6 months and has the required skills to takes the company forward. I wonder if a CFO will be added ?
5. Enough money in the kitty to push forward with the possibility of grants/tax refunds etc etc, if another CR is needed later I don's see a big problem.
6. ALS/MND is a huge unmet opportunity and ODD provides multiple opportunities. MPL will not be competing in a crowed space, so it has the opportunity to be the standard of care.
7. Add other multiple Neurological conditions and things just get better.

Someone [Possibly@Boffin99] Mentioned being spoon fed in yesterdays update video, if your not sure go back and watch it. For those still accumulating I hope you get the chance to top up before the market wakes up. For the rest of us, just sit back and wait.

Have a great weekend