Ann: Results of Entitlement Offer, page-114

So begs the question why is our well credentialed board taking advice on capital raises in the first place and who introduced Hawkesbury to AnteoTech?

Hawkesbury make a commission on the total pool of funds raised, so it's in Hawkesbury's best interest to raise as much money as possible. The easiest way to do that is to make the offer as attractive as possible. 40% discount, options on options, 50,000 SPP you name it we do it.

Luckily for us: John has built a broad network of buy and sell-side institutions, private equity funds and venture capitalists, which can be leveraged for clients. We pride ourselves on providing our clients with the right level of access to key investors and businesses.

So it's important for Hawkesbury to have insto on the register, as they get kickbacks. Why is important for AnteoTech?

From the placing fee the Lead Manager is to pay to Hawkesbury Partners Pty Ltd a fee of 4% plus GST on gross proceeds received from strategic investors identified in the engagement, and 3% plus GST on gross proceeds received from financial investors identified in the engagement arranged byHawkesbury Partners Pty Ltd.