Ann: Appendix 3B - Part Conversion of Convertible Security, page-75

"...or living in hope that the comprehensive co update will largely deliver what the myriad of MOU's and emerging LA's promise. The fundamentals are still good IMO"

There has already been substantial slippage from the timelines articulated in that update - and the update itself already incorporated substantial slippage from previously announced timelines.

This is my major concern - the almost mirage-type nature of most of the prospects.

Just, for example, look at the comments made a year ago by Dr Sheng and Chris Wood about the disruptive potential of the Telink-Xped collaboration and compare that with where we are today.

The list goes on...