Timing of an announcement, page-37

Plain and simple really but it does give time to think about all the other meanderings that BOT are involved with. Like an infected microbial dish, our scope grows and grows. Management is to blame for this but the bigger picture is what they have always been after. The experience in the states is that you need some sort of protection for your IP to go ahead and develop something completely new. CBD is just that and management are simply exploring possibilities. It is just a beautiful thing really. The lateral thinking is marvellous when the depth of talent and resources we have come together. Valuing all that is problematic but there will certainly be no shortage of funds available in exploring. Crossing the blood brain barrier with molecules still presents a very exciting area for inspection, yet so does the antibiotic notion. But we desperately need that successful announcement to really set the next twelve months up.