Some facts about who we are saving Optiscan from: 1. The second...

Some facts about who we are saving Optiscan from:

1. The second AGM was requisitioned by a group of shareholders where at least four of them (Harech (Porter Superfund),Numeruno Superfund, Chris and Diane Graham and Kebin Nominees) are large shareholders in Rision Ltd (RNL) and received shares in a placement in February, 2018.

2. Jeremy John Baldock was a Top 20 shareholder (6,100,000) at the time of relisting Rision He was also the sole director of Life Sciences which raised funds for Optiscan.

3. At 20/09/2017 Dr Phillip John Currie was the third largest shareholder (39,000,000 shares) in Rision

4. The directors of Rision included Hoffman and Francis (with Currie as one of the largest shareholders).

5. The directors of Optiscan included Hoffman, Francis, Currie with Griffith and Mann.

6. It can be seen that there is a commonality of interests between directors and shareholders of Rision and Optiscan where Hoffman, Francis and Currie were in a position to control the board. Together with the involvement of other shareholders this could well have resulted in the resignation of Archie Fraser as CEO, which followed the appointment of Patersons Securities as the broker to Optiscan.

We are now in the midst of cleaning up an unsatisfactory situation where senior management at Optiscan cannot work with the majority of the board. Hoffman has done the right thing and resigned so now it's up to Francis, Currie and Griffiths to do the same.