Ann: Quarterly Activity Report and Appendix 4C, page-26

Hi Oli,

Any thoughts on how low the sentiment is together with the low turnover of shares..

Also in the latest Ann, it mentions that
"Meanwhile, the Ovine Collagen business could lead to an improvement in earnings this year. Guangzhou Sinbio Cosmetic Co Ltd is undertaking tests and securing regulatory approval to import Holista’s cosmetic-grade collagen into China. As part of this process, Holista’s Material Safety Data Sheet (MSDS) for bulk ovine collagen has been granted approval by Chinese Customs. This will allow Holista to ship bulk raw collagen to the country for final testing.""

This to me means that the "bulk" for testing still has not left our shores....THOUGHTS?

Our loss hass reduced from $5.6m= to $1.2m

""A decrease in expenses and the change in the sales mix between Holista’s various businesses were the main drivers for the improved loss position.""

Is the saving in losses because the Dr cannot use his other entities to send money too because of the ASIC prosecution..?

Lastly have you found any info regarding the prosecution against Holista and the Dr..

Cheers and would be grateful for your response.

Matt