collagen sales or moneygone

My Email today to [email protected] .au (I'm sure he would like to hear kind word words from all Colltech shareholders)

Its that time month for your usual reminder

It is with more angst that I am again sending another monthly email to remind you that it is now TEN MONTHS since PCIA 2007 in Guangzhou and Colltech has still not given birth to ANY SIGNIFICANT SALES while the share price continues to trade at sub 4 cents and the market cap of Colltech is now down to about $6m.

Even at these continuing sub 4 cent prices I note that no board member has increased their holdings through on market purchases in recent times. Happy to draw wages and fees from Colltech but no confidence to part with their money to accumulate shares.

I, as most shareholders will be looking forward to the quarterly report due at the end of month to see how many weeks the cash at hand will allow Coltech to continue operate without additional funding (may be a 2c placement) or major sales revenue.

We await the quarterly AND SALES.

Regards