Ann: Appendix 3B, page-11

I never questioned the guys reputation - or his chances at getting this license - All I was alluding to was that a NY Investment bank received 17m (now $190k worth) shares for putting together an equity only deal worth $750k to acquire a business that has no assets apart from Andrew himself.

And the fact the share price got hammered each time previously when Magna investment have been involved in brokering any form of capital or deals for QBL.