Ann: Biota Holdings Limited - shareholder meeting, page-4

re: Ann: Biota Holdings Limited - shareholder... "It is recommended
that shareholders wait to receive formal advice on their holdings in Biota Pharmaceuticals
Inc., before undertaking any dealings in those holdings."

That is. We do not need to do anything if we do not want to sell our BTA shares. I think our holdings in the new company will become " Issuer Sponsored". If we want to sell at a later date, we just give our holding certificates to our loacal brokers.

Just my thoughts.