Ann: Results of Meeting, page-100

Game changing technology for batteries and no market updates on progress.

Nothing relating to the actually testing of the technology within the battery.

So what - UTR who have set all the CONDITIONS and called all the shots now go silent until Blitz say yes or no

What sought of business model is that, the power has been transferred to Blitz.

Why didn’t UTR do there own private testing with a battery supplied by Blitz, test in a scooter ,
make adjustments if necessary and then say to Blitz - put this in your scooters and see the advantages.

So now as I understand Blitz are doing the testing and UTR sits and waits. ?????? Who has got the control, Blitz or UTR!

Blitz.

If that be the case why aren’t shareholders kept in the loop re progress on this game changing battery technology.

Why not!............or do we just sit and wait like UTR to see if the technology meets the claims.

UTR has called all the shots re the agreement, but handed over the vital part of the whole exercise - the testing of the technology to Bliz