PAR. SP, page-409

I for sure am concerned about the price action and i will admit to being a little nervous here but a few random thoughts -

1 - I am very confident the company gets it re how important it is to strike deals. I have personally quizzed PR on this. He did stress that conjuring up a deal is more challenging then people care to admit and I get that. We will NOT get an MPS deal before we get the next set of results, i guess this week and probably not before we hear re P3 or not. We will NOT get an OA deal until we get 2x2 confirmation. FDA meeting is early Jan, we hear back latest early Feb. The company has stressed publicly multiple times they are confident on deal/s in H1 24. Let's allow them to do their job and hope they can hit this target.

Saying management are not listening is not accurate in my opinion.

2 - they have listened on PR roles and the board. FACT. Helene has gone and new directors are coming + additional help. This is a good example of where all the HC noise is just that. I am very happy he has listened and is accepting help. We should be happy about that, even if it later than we wanted.

3 - I have some OA issues and am not in sunny Melbourne so cant access SAS easily. I went to a doctor where i live who has prescribed off label IPPS in the past, who has given it to numerous Atheletes, was part of the SAS scheme previously and is very knowledgeable on OA / muscular skeletal issues. He is aware of PAR/Zilosul and said he will be prescribing freely it when it is registered. Whilst i was in my consultation i highlighted the 008 results and i ran him through the results saying i want it asap as a preventative measure. He wasnt aware of the results. What did he say ....

'wow - amazing results - OK i am going to prescribe this to more patients and earlier in their treatment'

I know we need to get through the next 12 / 18 months and that is not a fait au compli. I know we need deals. But let's remember the line above about what doctors one day hopefully will do/say, remember the results, wait for more results, wait for peer reviews, wait to hear what the FDA has to say.

I am very long and terribly wrong. Now all i can do is wait. I will not be selling. As for the comment that if it gets to 1.50 they are out, i agree the comment in return which was if it gets to 1.50 we have good results and i guess a china deal. That is the time to load up the boat as it means no more CRs and proven commercialisation.

Now however, is a dark time, we just have to sit tight.

my views