Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-42

Hi Leec.

I really dont want to get into a discussion on under what scenarios I see value at.

The outcome here is binary, if the company succeeds...you guys are in the money.

If it fails, your script is confetti and worthless.

Technology moves FAST. And your product has been in R&D for the best part of a decade now.

Also your largest shareholder and director isnt someone I would back. His track record is enough reason for me and most other professional investors to pass on investing.

I just like to invest in more de-risked opportunities.

Lets see how the next few months play out.

I sincerely do hope you all win.

10x