Ann: CardieX Submits FDA Application for CONNEQT Pulse, page-110

TWO RISKS:

1) CHINA: Xi Jinping has grabbed more power and seems increasingly hostile to capitalism. Maybe Andon, or other parts of the supply chain, could somehow get caught up in the troubles. Maybe CDX should do another order of Pulse, etc., ASAP. Of course, if you order everything early, then updating products becomes more of a hassle.

2) POWERFUL COMPETITORS: I know our algorithm is the best and we are the only ones with USA Medicare approval, but I've held plenty of companies that seemed to get some suspicious bad luck. So I hope management is keeping an eye on this issue.

I will discuss these issues with management at the AGM.