Ann: Investor Webinar Invitation, page-153

Agree with 2 out of 3 of your points:

1) you mention that we need Sales talent. One of the many reasons why shareholders are excited about 20 mins of David today is the step change towards a Marketing and Sales led company (from R&D led). He has focus on commercialisation, speed to market and revenue generation.

2) Your point on a CR. The 4C shows 2 quarters of cash remaining. Unless significant revenue is achieved in the near term, a CR will be needed

3) Disagree that we have seen this all before. In the 4 years of being an ADO Shareholder, I have never seen clear and quality direction towards commercialisation. Based on the brief commentary today (and David + Ewen's backgrounds), I believe that we have NOT seen this before. The quality of Ewen is top shelf. David will be great for ADO.