Anyone that believes a word of this report and chooses to invest...

Anyone that believes a word of this report and chooses to invest in EOS is throwing their money away. EOS has long been a train wreck and the vast number of executives continue to send more trains down the same track. It is my opinion EOS is an Australian comparison of Theranos.

I can not recall in the last two years where EOS received a contract that was not a COVID lifeline, or some fruitless academic collaboration or research and development undertaking to demonstrate unadvanced and uncompetitive technology.

noting, ".... additional demands on capital and resources...." with only one quarter of funding available, in my opinion a capital raising is imminent. This is only going to further dilute current shareholders. It must be disappointing for current shareholders that have not received anything from their investment in EOS. I am beside myself that EOS executive management continues to waste a large volume of capital into fruitless endeavours at the expense of shareholders.

In the last five years EOS has reported losses for three of those years. The sum of the losses is greater than the sum of the gains made in the other two years. Disappointingly EOS has nothing to show for the investment. I strongly doubt anything is on its way either, despite the "...strong pipeline..." which has been thrown about for years.