email to peter boonen

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Peter

Been a while and thought I would drop you a quick note. Talk to Alan Beasley occasionally so as to not take up your time.

I'm a long term holder, and as can be seen from the share registry I am accumulating not selling. Definitely not a day trader.

Also I have discussed with Alan the Fact I am an active member on Hotcopper, it worries me the influence these sites can have on a Share price so I and others very actively try to keep sentiment positive and defend your team and direction. As I recently stated I support you and your team 100%. Would suggest someone on your team actively watches this web site.

Currently Sentiment on this site is once again at a low with the following some key points

Funding: Nothing surprising here, but many including myself concerned regarding the delays in securing funding. After the last quarterly was released Stirling was questioned by the ASX regarding funding to which Stirling replied it would be resolved in weeks. Since then some funding deals were terminated and others potentially in play. But there has been a number of timings and dates come and gone with no further news.

Another quarterly report is due and are we going to get another query from the ASX and will they believe / take note of your reply?

Could you please give an update on where all this is at, Alan indicated much is outside your control so tell the market your plans, the hurdles and your frustrations.
If timing is vague give a pessimistic range rather than optimistic.

Announcements in general are beginning to be given no credence. This is because there has been so many great announcements that have not been followed through.

Most of us understand that things change and business adjust direction, but there is a lack of detail released to the market when things change and dates are missed.

The announcements that generate movement are the factual accomplishments e.g. Pharma Plant Establishment License secured. Big milestone and the market responded.

Where was the follow up Stirling Pharma to commence Manufacture of ???????

- You said the plant has 13Ton of product which would go into production first of. Has it? Everyone is waiting for some detail

- There were a number of contracts imminent ?????? where are they up too, never been an announcement saying they were secured.

Is there an announcement here, the market wants to know the next facts

Telemedcare - where do I start, many announcements about pipeline sales imminent, yet they don't seem to eventuate. Once again the Telemedcare funding arrangements in the US , timelines indicated by Stirling said this should have happened by now, what's happening?

Stirling Health Website - When will it come back online?

Most of us understand that what you are trying to do is a massive undertaking, but you need to understand that the only knowledge shareholders have is what you

Release to the market, any small fact or milestone accomplished is what will lift the Share price not dreams and missed targets.

Really do believe in your team and vision, but believe you are doing yourselves an injustice by not managing your communication better.

P.S.
I am a planner, my job is to plan projects / undertakings into the future. I then manage this model moving forward to try and keep the undertaking on track.
As we achieve key milestones or events we tell the world
when we miss them we tell the world as well with a clear reason why and strategy moving forward to correct.

All the best to you and your team for this very exciting year.

Reply

Hi Aptayl,


We will be looking to have a comprehensive update out shortly.


Re funding, this is progressing and with regard to ASX quarterly queries - these are normal and expected with regard to any company that has significant quarterly costs for the quarter, but with a cash balance at end of quarter that appears to be inadequate to tackle the following quarter.

You do need to be aware that the corporate world, in majority, is only back from holidays last week and the rest as of today. This of course impacts any capital raisings or corporate activity to some degree.

The balance of queries will be covered in our update and I thank you for your constructive comments.

Regards,


Peter