Ann: Notice of Annual General Meeting and Proxy Form, page-6

Money back?That depends on the respective assignment.Who has bought in the absolute low prices, has nominally still a clear plus. Of course, only effective if he could sell.However, many users have hesitated in good faith to sell their shares in a timely manner.This, although every precaution advises an exit at 20% price loss.For such investors, it will be difficult to get to their capital quickly.However, should the reorganization succeed and Kipoi and the other properties can be successfully dismantled then, in my opinion, it will be a matter of time until the price climbs again, but meanwhile I expect that an extreme split will nibble on the shareholders' accounts.TG