Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

I don't like their chances. This is like other typical "tech" plays where you see these types of collaborations but when do you ever see ASX minnows do deals with the big boys? For that to happen you need exceptional management and the board of directors of this company have shown they aren't that IMO. The only time the stock got momentum in August 2021 Peter Zardo couldn't sell his position fast enough. He off loaded 30.5 million shares at 9 cents per share for the tidy sum of $2,745,000 (see change of directors interest released 30th August 2021). Then on the 28th October the notice of meeting went out where he ended up being given 12 million shares back at 5 cents per share through a NON-RECOURSE, interest free loan for a term of 5 years whilst Sylivia Tulloch was granted 10million shares at 4 cents on the same terms. So basically they can stick around for 5 years and if the price works in their favour they can pay the loan out and iff not then forget about it. There is absolutely no risk to them whatsoever with this loan, it just comes at the expense of shareholders who throw real money at the company. The stock closed the day of that announcement at 10.5. They were insulting shareholders then and I haven't seen anything since that's changed my view on this.

GLTAH

WW