Ann: IBX Investor Webcast Presentation, page-9

In summary, (warning for those not interested in the facts, do not read on)

FDA trials stalled further.
No approvals to conduct trials in Aus.
No Aus sites confirmed.
No test protocoles defined.
No nanoparticles ready for the trials.
No patent on the nanoparticles form of operation.
No money to conclude the study. ie. CR required.

But don't worry we will achieve all the above within the next few months. Don't worry about that FDA thingy we were aiming at.
Ha Ha Ha Ha! OMFG!

Not to mention seeking enrolment subjects, imagine the conversation. Good afternoon Ms ...... I'm so sorry that you have breast cancer however whilst you are undergoing potentially lifesaving treatment we would like to also inject a non approved particle into your breast tissue, scan you with MRI and then biopsy some cells to take to the USA to conduct further studies on, how's that sound to you?" What are the proposed benefits for me? None. What are the side effects? Not exactly sure that's why we want to inject them into you.

Gotta give it to Bob, way to announce another delay/failure as a positive, the PR spin is amazing. I would love to have Bob onboard with a few of my other companies.

You can put lipstick on a pig, but it's still a pig.