To Neil1959 from Zessina, page-71

Good morning guys,

With respect to the posters who may be getting caught up with old archival data and contrarian viewpoints from 2012,2014,2016 and the 18 year old newspaper report.

Please consider the following to see if indeed, the company, led by the Feldmans, with the MCL deals being signed by the Feldman's, have produced nothing in 10 years. Is this true?

Is there a campaign of misdirection and possible misinformation affecting sentiment?

Let common sense, and the current data prevail here guys.

For a balanced perspective please consider the following.

BANK BALANCE (Audited reports): Has it be growing or falling?

31 DEC 2013 - $4,291,795
31 DEC 2014 - $4,344,778
31 DEC 2015 - $5,993,938
31 DEC 2016 - $6,661,988
31 DEC 2017 - $8,924,918

BAUXITE PROGRESS (ASX anns): Have they made any progress or just continued with holding a tenement and sitting on their hands?

12/06/2014 - Exploration Results Confirm Significant Bauxite Resource
09/01/2015 - NRC has been engaged to obtain the statutory approvals for both the port and mining lease
10/02/2015 - Queensland Bauxite Signs Heads of Agreement with Port Authority
21/05/2015 - Extensive new bauxite mineralization has been encountered at South  
  Johnstone in recent drilling in never before explored areas of the project.
09/09/2015 - QBL Secures $2.88M Development Facility (this was a loan secured not a CR)
22/09/2015 -  QBL Documentation Concluded For MDL Application
30/11/2015 - South Johnstone Project Update – Working Towards Imminent MDL
 Minerals Development Licence (MDL) application assessment well advanced;
 QBL has last week thoroughly briefed local government representatives, feedback extremely positive in securing their necessary support and recommendation for the development of the project;
 Company has also undertaken extensive constructive consultation with key federal and state MPs;
25/02/2016 -  the Queensland Department of Natural Resources and Mines (DNRM) are in the final stages of assessing the Company’s application for a Minerals Development Licence (MDL) for QBL’s flagship South Johnstone Bauxite project in Northern Queensland.
12/07/2016 - FORMAL NOTIFICATION RE MDL
10/08/2016 - QBL is preparing a Mining Lease application (ML)
08/09/2017 - Approval of Environmental Authority for the MDL Work Programme
13/09/2017 -  MDL Work Programme Approved
16/10/2017 - MDL Granted
26/04/2018 - QBL BAUXITE TEAM IN CHINA (The Company will update the market with details once commercial arrangements are finalised with any of the relevant business organisations)

There have also been regular updates provided in between the announcements to keep shareholders abreast of the progress.

MEDICAL CANNABIS - 2ND CORE BUSINESS SECURED (deals secured by the Feldman's with A. Kavasilas advisory)
03/03/2017 - QUEENSLAND BAUXITE TO ACQUIRE CONTROLLING STAKE IN PREMIER AUSTRALIAN CANNABIS COMPANY
16/03/2017 - LICENCE FOR GROWING CANNABIS INDOORS GRANTED
21/03/2017 - VITAHMEP TO PRODUCE HEMP SEED FOOD
28/03/2017 - MCL ADVANCES TOWARDS PRODUCTION OF TOP QUALITY MEDICAL GRADE CANNABIS - enters agreement with WHG.net PTY LTD
31/03/2017 - RARE GENETIC CANNABIS DISCOVERY
10/04/2017 - Medical Cannabis Limited (MCL) has received advice from the Federal Office of Drug Control (ODC) advising that MCL would be allowed to licence its cultivars to other Australian medical Cannabis companies, producers and manufacturers.
17/05/2017 -  a further permit has been granted on Monday 15th May, to begin transporting specially bred and selected plants to outdoor trial plots.
30/05/2017 - Completion of MCL Acquisition
26/09/2017 - Preparing Major Launch of MCL's Quality Vitahemp Product Range
16/10/2017 - Engagement of Israeli Medical Cannabis Research Organisation
22/11/2017 - MCL has signed an agreement to acquire a majority interest of Hemp Hulling Co (QLD) PTY LTD (HHC).
27/11/2017 - VitaHemp launches its own Brand
07/12/2017 - Hemp production underway
22/12/2017 - MCL and AEB join to develop Cannabis veterinary medications
27/12/2017 - MCL Escalates Hemp Seed Food Production
08/01/2018 - VITACANN signs JV agreement with CannTab
18/01/2018 - John Easterling (AMAZON HERB CO)JOINS THE BOARD OF MCL
26/02/2018 - MCL signs Research Funding Agreement with the Technion Institute, in Israel for the IP rights of MS Cannabis Research.
29/03/2018 - MCL brings in Certara Advisory Panel to advise on the distribution of CannTab Medical cannabis medications in Australia and to Overseas markets.
18/04/2018 - MCL Release Australian Hemp Seed Oil Capsules
19/04/2018 - Coles Now Selling Hemp Products Provided by MCL
20/04/2018 - MCL secures access to Medical Cannabis import license (BHC)
20/06/2018 - COMPANY TRANSFORMATION ANNOUNCEMENT - MCL & MEDCAN ACQUISITION
18/07/2018 - MEDICAL CANNABIS IMPORT & EXPORT LICENCES SECURED

Ok guys...please check back through these announcements as well when doing your research.

Please keep in mind that revenues have started. QBL is focused on building towards eventual profits, as they move forward into 2018 and 2019. Everything takes a little time. The Hemp industry is also in its infancy stages.

Thanks,

Neil1959
HC QBL rep
QUEENSLAND BAUXITE LIMITED