report tonight, page-8

Apex Tech Asia are based in Hong Kong. The appendix announced yesterday confirms that they have now been issued with 13.3 million shares at 30c which is a significant premium to the current shareprice.

I do not believe that Apex would have invested in QTK without performing a thorough due diligence which would have included investigating the legitimacy of the Beijing deal. I am therefore of the opinion that Apex's lead is quite clear and that they are in a position to judge QTK far more accurately than most posters in this forum.