Ann: Quarterly Activities Report, page-10

Reply from MJ regarding LNS that there isn't anything to release to the market, given the MOU expires end of May it is not sounding all that positive at this point in time, and LNS looking to take on another deal doesn't bode well for IBG. If IBG can't get LNS onboard by the end of May without giving more time then will Citronen ever become a going concern?

"Thank you for the email.

Nothing definitive or material I’m afraid or we would have shared that news with shareholders already. I am mindful of when that initial MOU expires and should anything eventuate we will be sure to lodge an announcement with the ASX updating holders of progress.

Kind Regards,"

cheers.