disappointing, page-7

Hi Vintage

Thank you for your balanced post. We have almost stopped reading HC due to all the negativity. It is too easy to get sucked into it.

For us - our reasons for staying with SBN have not changed. China has always been the main reason and from the update China is still on schedule for June/July approval. The fact that they were able to negotiate a lesser number of tests to keep the approval dates on track is quite telling.

In the past we (and many others) have complained that management were not keeping us fully informed and now they are (and still people are not happy). We also like the fact that they are proactively trimming the costs to conserve cash.

We understand that it is difficult to take a little biotech company and turn it into a medium sized one and that there will always be any number of hiccups and delays when dealing with Governments. We understand their business model and feel that the current management have been running the company very leanly - which sometimes creates its own problems.

The final word for us is always that Dr Sun was more than happy to take his payment in shares & he knows a lot more than we do.

Not happy with the current SP but as someone has already mentioned - sentiment can change very quickly. We are in for the long haul.

Cheers
KM & JD