Ann: Appendix 3B, page-8

My gut tells me we’re very close to the Off-take Agreement being finalised, because the Management converts only a very small number of Convertible Notes.

Also, if I were the financial services contactor, I wouldn’t have paid 10c for the shares when I could get them for less on the market, if I think Axiom is going bust tomorrow. Premium rates than they would otherwise get paid in cash, not so sure. That kind of practices can potentially leave themselves open to collusion claims.

Our differing perspectives, and who’s right on this occasion should be settled pretty shortly, it could be as early as next few trading days, in my humble opinion.