Ann: RESUBMISSION - Quarterly Update and Appendix 4C, page-5

-Estimated outgoings were budgeted around 1.5m last quarter
came in 350k under. So cost savings achieved.

-Revenues increased 36% from the last quarter with further revenues to be recognised during the current quarter.

-significant CBD oils order to meet what they expect to be a greater demand for their product.(budgeted) .
-News recently regarding FDA

Probably this quarterly report could have been much better written
but the company is moving in the right direction......Tough crowd with the selling on opening-seen much worse quarterly reports released by other ASX pot stocks recently.
each to their own.