Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-107

Biotech companies like Biotron often mention that results will be released in the coming weeks for several reasons:

1. Regulatory Requirements: Biotech companies are often required by regulatory authorities (e.g., the U.S. Food and Drug Administration, FDA) to announce and report the results of clinical trials or studies within a specific timeframe. These regulatory requirements are in place to ensure transparency and accountability in the drug development process.

2. Transparency and Disclosure: Companies have an ethical and legal responsibility to keep investors, healthcare professionals, and the public informed about the progress of their research and development efforts. Announcing the expected release of results is a way to provide advance notice to stakeholders.

3. Managing Expectations: By stating that results will be released in the coming weeks, companies can manage investor and market expectations. This helps prevent market speculation and volatility that can occur when unexpected results are announced. It gives investors and analysts time to prepare and evaluate the data.

4. Peer Review and Data Analysis: Before releasing results, companies often need time to ensure that the data is accurate, thoroughly analyzed, and undergoes peer review. This is particularly important for clinical trials where the data can have significant implications for patient safety and healthcare decisions.

5. Internal Processes: The release of results often involves multiple internal processes, including data validation, quality control, and preparation of detailed reports. Companies need time to complete these processes before making the results public.

6. Competitive Considerations: In some cases, companies may be competing with other firms in the same space. By providing advance notice, they can control the timing of their announcements and strategically position themselves in the market.

7. Strategic Communication: The timing of result releases is often part of a broader communication strategy. Companies may want to align the release of results with other important events, such as investor conferences or product launches.

It's important to understand that the statement "results will be released in the coming weeks" is a common practice and does not necessarily imply that there is something hidden or nefarious. It is a standard way for biotech companies to communicate their intentions to stakeholders and adhere to regulatory requirements while ensuring that the data is presented accurately and responsibly.