Ann: Acquisition Update, page-15

P.P.S. Some ideas for action:

Before EGM/AGM:

1- provide sufficient clarification on the status of ALL current projects (not BS insulting our intelligence)

2- Provide a clear and well thought plan and justify how the plan can be executed. Not like previous plans that changed, vanished or ignored. Remember the common phrase in anns; "we are fully funded to complete ..."?

3- Prilovide sufficient information to assist SHs to assess status, not informing us about stuff ups AFTER EGM in which they were to fetch some shares and free options!

4- Explain current and future plans in details to SHs, including for example why the proposed "acquisition" is not practically a reverse takeover as it is written all over it. Another example; Why didn't they choose to give fix number of shares as performance payment instead of fix equivalent $$$ amount? The current choice provides opportunity to perhaps keep SP as low as possible till after payments are made and then potentially pump and dump.

List can go on - all obvious and management can easily add to list and if they don't, then they are not trying anything, or can rightly be seen as trying not to do anything.

During EGM/AGM;

1- don't spend time shoving doughnuts in their mouth and ....

2- have honest and meaningful communication instead of for example doing the David Trench thing and, convince all that we should hand him over half the company and a seat on the board, so to speak (but was literally the case re BOD membership ... then us find out he had been sitting (on the couch?) and waiting on some grant letter in post and not thinking of a plan B.

3- For a change, not to just try to ask for CR or bonus payment resolutions or the like.

4- ... the rest of the obvious ...

AFTER EGM/AGM;

1- ... Ummm actually deliver ?!!!!