Ann: Investor Presentation, page-30

if you know anything about the long term history of this, so far, unsuccessful company you'd know that with every change of management they have ever had and with every new direction they have taken, that it's always the same old story "We'll make it this time," Well, I'm still waiting.

I've never said anything about IMU's chances of future success because I couldn't know such a thing - but I'm not happy about their current progress about which IMU say little (all the promises about H-V for instance) and I won't get sucked in with new wallpaper.

For the record I have 100,000 IMU shares (on a JIC basis) bought at around current price on average, I've lost count of the number of times I've traded it over time and I'm around break even - so no big deal for me whether it sky rockets or ends up in administration.

I expect companies to stick to their promises and I'm not fooled by the g'day mate attitude of you know who.

IMU needs to prove their science which they haven'i yet done - the rest is all BS. The market remains skeptical obviously.