Ann: Appendix 3X - A Kelly, page-47

LCT has never commercialised a single Treatment in over 20 years now ,,, my opinion is that it has been treated like a research institute. Think of the 20 years of wages and fees that have been paid out to Management ,,all of it shareholder invested funds....as they have had no revenue in 20 years,
Management sold a JV valued at $25m on the books for $3m to keep the show on the road...
Now they are projecting the Horizon for the next Big Thing in Two Years??
Regrettably the company just did not understand there had to be a positive financial outcome for shareholders,,, 20 years .... no return.... possibly a pattern forming here?? Could it be the New Guys have seen behind the curtain??? and there isn't much back here??
Now it's off to the Auckland Brain research facility???
Is the Shareholder funded Lab in Auckland now closed for good?? What has happened to our incredibly valuable Pig Stock, What about the facility?? What about all the Shareholder funds that went into acquiring all of the above...

Whats that ??? a CR in the wings ,,, because they will need funds to move in any direction ....

I hope I am completely wrong for those who have invested more than just money here ,, hopes and dreams