Ann: Response to Appendix 4C Query, page-7

The mesh story has been around a while now with no effect on the SP. ALT has been making allusions of one or more big name parties interested in licencing or buying the product and IP for years now. They have implied that they could have even done a deal by now but have held out. They have implied that V3 is the time the deal would be done. V3 is here, no deal that I know of. Funds are being eaten away day by day with no income. Agree the next news we will hear from ALT is around raising more capital.