Ann: Alexium Commercial Update, page-55

I sold out much of my holdings in the past but I am, for the first time, buying again. Forget the potential sales in the pipeline figure for a minute and just concentrate on the current financials.

Cash Receipts (US $)
- Dec 18 - $782K
- Mar 19 - $1174K
- Jun 19- $2087K
- Sep 19 - ???

Product Manufacturing (US $)
- Sep 18 - $449K
- Dec 18 - $508K
- Mar 19 - $975K
- Jun 19 - $1072K
- Sep 19 (forecast) - $1745K

Unlike the previous management where the sort of figures presented above were very patchy and there was little correlation, you can see in these figures a very clear correlation between manufacturing cost increases and cash receipts increases.

Last time we were conned. Current management spent a lot of time weeding out the unprofitable clients/contracts and re-focused and I think we're finally starting to see the rewards. I can understand there being bitter past shareholders, I was bitter too, but you need to put sentiment aside and concentrate on the facts. And the facts of the financials are painting a positive figure. They still need to achieve the ultimate results, this is still a speculative play so don't invest more than you can afford to lose. Good luck.