Ann: Appendix 4C - quarterly, page-16

Hey Cable

Im a long term investor - not looking for short term gains.

But I am deeply concerned about management and a lack of a clear plan and clear funding.

Without funding they go out of business and without demonstrating competent management they won't have any demand for the stock.

Management need to tell the market how they are going to get by with their limited cash balance now.

And if they need cash, work out how much you need for 2 yrs and then tap the market once - set out what you need and why and get on with it.

I have no confidence in management right now and the share price should rightly be hammered by the market today.

This is a pure spec stock now with poor management IMHO. A great idea, a great story with poor execution.