Ann: Exclusive Collaboration Agreement , page-8

abdm,

You keep trumpeting Pfizer as if it is a certainty, yet the evidence is ambiguous.

Here is my guess of how the AGM presentation's page 4 bullet points relate to the subsequent pages:

- World’s largest Consumer Products Company (P&G pg 5)

- World’s largest Pharmaceutical Company (GlaxoSmithKline (Pharmaceuticals) pg 7)

- World’s second largest Oral Healthcare Company (GlaxoSmithKline (Consumer Healthcare) pg 6)

- Top 5 Global Prestige Cosmetic Company (No follow up)

- Top 10 Global Prestige Skincare Company (Top 10 global prestige skincare company pg 8 = Coty)

You said in another thread, "Jeff of all people here would be well aware that GSK are not the world's largest pharmaceutical company,"

Then why isn't GSK pharma mentioned on pg 4?

And why did Glyn write to me that he thought the company was GSK?

You seem to think Jeff was carefully communicating to us, but I think he was just rushing out a presentation. Both theories have merit, but I suspect you trumpet Pfizer due to lack of objectivity and excessive faith in management.

JIMO.