Sales Director, page-12

Not really you either participated so can’t vote or decided not to participate for various reasons.

If you are a large longterm holder and have been and plan to remain in it for the long haul for every 10M held it costs roughly $37500.00 just keep up with 15% dilution at 2.5cents.

Then a further approx $65,000 for every 10M held for the next 15% that will come from options at 3.5cents and 5cents just to keep up with the dilution ….so over $100K just to avoid dilution effects if all is approved on every 10M held….if you have 20M that’s $200k, 30M $300k, 40M $400k, 100M $1M…rough numbers but near enough to show the issue…

Not really appealing when support has been given at higher prices on many occasions prior and tech is so close to commercial stage, grants and loans are available both in AU and EU, dollars raised are minimal and the battery space is hot right now. There is also another division that is still alive and kicking that may provide some revenue in near term.

NO to resolution 3.