Logic against the kneejerk, page-14

ASX Announcement10 February 2020 Holista said that it received orders last week for 60,000 units from Australia (30,000 bottles)and a Southeast Asian distributor (30,000). Together, the total confirmed orders as atFebruary 8 amount to 107,000, far exceeding the first shipment of 60,000 units.

ASX Announcement3 March 2020Orders of NatShield™ as at 29 February 2020Holista bottles, markets and distributes the 20-ml handheld NatShield™ sanitiser containing3% Path-Away®. The active ingredient is currently shipped to Malaysia where the sanitiser isdiluted as per the protocols of GICC LLC and bottled. Until January 2020, the primary marketwas Malaysia for which Holista has distribution agreements with 7 major pharmacy chainsand a network of 2,700 pharmacies and health shops.As at 29 February 2020 the Company had received orders amounting to 210,000 bottles ofNatShield™, comprising of 20-ml, 30-ml and 60-ml sizes. This is an increase in orders from the107,000 units announced on 8 February 2020.The majority of the additional orders since 8 Febuary 2020 have come from outside ofMalaysia.Based on the total orders as at 29 February 2020, the sales value of sanitisers amounts toapproximately AUD 1.4 million.

These two announcements are consistent. 107,000 bottles let's say $10 each then about 1 million and later 1.4 million this makes sense. this means they have secured at least 1M in early March. I don't believe they signed the deal in 2019 as at that time there was no pandemic and people even had not heard about their natshield. Now they tell us 0.5 million globally in the past 6 months. How do you explain this? I would say it is likely that the SP can turn north by manipulating and some good news. But I can no longer trust them and this is too risky given all these doggy plays. All their so called 'deals' are suspicious to me now.