Ann: Ceasing to be a substantial holder - IAA, page-4

Trust being diminished is nothing new for companies with such woeful market capitalisation.

As a recently new shareholder to this company I'm in the fortunate position of not having the baggage of the signs of past aka the woeful share price performance stretching back a number of years.

I reiterate a company with such a low market cap with around 800k in the bank has great risk of upside than downside. With the shares languishing at $0.002 and even at $0.003 there is plenty of scope on a semi decent project for the share price to increase to $0.01 or more.

I and others I know have accumulated shares in recent months of sufficient quantity that if things don't improve for shareholders to do something about it. Based on discussions with the company I'm satisfied with the immediate direction of the company.

D - hold

Cheers

Clever1