Ann: Webinar Investors Presentation, page-26

When there is lack of oversight, there always remains a scope for what BIT management have been doing.
They think they're doing great things with money from SHs and Govt. When it comes to a stage in which they need to return, they make excuses and use complex explnation to avoid the responsibility. How long should they be allowed to take money from the SHs and Tax payers to support their life style.
Govt should investigate as to what exactly they are doing and what tangible outcome they want to give to the SHs, Govt, and the community.
One of the posters questions: Where they want to go from where they are right now?
I'd add: What tangible outcome can they provide in this year?
If they cannot show any tangible outcome in this year, SHs and Govt need to think before putting further money/cents inot the company under the management. The best action govt can take for the BIT management is to get the company acquired by another Australian company primarily or a US compnay secondarily to progress the technology. Current management is too complacent, and they have understood how to make money and lead a superstar and glossy life under the banner of Biotron on the shoulders of the SHs and tax payers.

They have said options are to be exercised without needing a CR this year. It looks like they know the SP will appreciate this year, and they want to do a CR at a higher price Let them exercise the options to pave the way for others. They designed the trials to satisfy the BP in discussion.
They (BIT Management) should clearly INFORM the SHs and Tax Payers

• what exactly they have achieved so far to satisfy the BP and
• if the BP in discussion is happy with the preliminary results of the tirals 010 and 011
• when exactly they can conclude satisfying the BP
• why exaclty the value of the company in 2024 is less than the value of the company in 2018
• how exactly they can increase the value of the company in 2024 and beyond
• why their recent communications - preliminary results of the tirals 010 and 011, and the recent webinar- have eroded the SHs' sentiments
• why they have not been able to attract instutional investors
• about the justification of their full pay while doing nothing but waiting for the complete analyses of the results
• why SHs (new and existing) are not increasing their holding despite the two preliminary results of the tirals 010 and 011 that they claim to be meeting the objectives.
• how exacly they can prove that theiir claim for the two preliminary results of the tirals 010 and 011meeting the objectives is validated and accepted by the BP.
• why there is no media coverage of theiir claim for the two preliminary results of the tirals 010 and 011meeting the objectives and becoming better than ever to attarct commercialisations.

Having mentioned all these, I'd like to ask the company to do homework before further communications that should be aimed at making things clearer and avoid clutter. Let's still be optimistic and look forward to more govt. oversights on what they are doing and when they are going to bring transitive outcome. Survival is the fittestest. SHs and Govt money should not be the only source of income for a 20+ years' old low-performing company to survive.

Biotron management needs to prove in the coming weeks if they are capable in the sight of the SHs and the tax payers to run Biotron as a going concern.

My best wishes with the management to make Biotron Great Again as a high-performing vibrant Australian Company run with honesty, integrity, and transparency and aimed at contributing to Australian economy and serving people across the globe.....