Ann: Cover Letter to Appendix 3B 19 03 2018, page-30

Iwonder, you make me wonder if you are in the right head space and looking at the right share space.

QBL is a spec share, many spec shares don't make a cent until everything is lined up properly for first revenue, it takes even longer to turn a company into profitable one. As you have stated, you already know, QBL on its own is unable to turn bauxite ore into even $1 revenue yet (not yet anyway), hence they had to venture into Hemp/MC industry via MCL. QBL is a specca and they bought into MCL, which is another specca, that makes QBL shares a double specca, hence it has double chance going either way. If you are after a profitable company within next 1-2 years, just walk away from QBL and invest else where. If your intention is to make a small profit from next p&d, we can see clearly where you are coming from. Also, your questions are better suited for ASX200 companies, not a speculative company like QBL. Remind yourself when you ask questions, QBL is not in ASX200 company list. Lastly, I thought commercial growing of hemp/cannabis is still illegal without proper license. When can any Joe the farmer can grow and sell his hemp/cannabis? Just my observation.