Ann: Response to Appendix 4C ASX query , page-2

IMO the response to the ASX query was well constructed and answered by CBIO.

The sad thing is the outragous amount of money former members of the board took with them on their resignations.

Let us hope the company can now move forward with a constructive business plan that sees some improvement in our share value.

Also it will be interesting to see in future reports just what this new board is going to pay itself as compared to former board members. We can only live in hope.