Dear Investor

Actinogen Ltd (ACW) is a biotechnology company engaged in the commercialisation of bioactive compounds.

The company has recently discovered a new way to make pure anacardic acid, which is currently priced at around $1000 per gram. Patent pending.

Anacardic acid has many varied uses such as in anti-corrosives and new potential growing uses in the nanotechnology area. To quote from the Sydney Morning Herald 4/8/10 "Anacardic acid… $1,000 a gram from fine chemical suppliers … about $31,000 an … ounce, which makes gold seem common as muck in comparison. The old alchemists never found out how to make gold but this is even better."

Our Managing Director, Associate Professor Dr David Keast, with his laboratory team based at the Queen Elizabeth II Medical Complex in Nedlands, Western Australia, have produced the pure anacardic acid from low cost starch.

Recently we lodged provisional patents and/or had significant results for new anti-fungals, antibiotics and bio-degradation of plastic and paper, as well as research in the areas of new organic dyes and extracting metals from ores.

We are also now moving to commercialise a range of biodegradable nappies and other products, containing eco-friendly bioactives that will biodegrade much faster than current products. THE GLOBAL MARKET FOR DISPOSABLE NAPPIES ALONE IS ESTIMATED IN EXCESS OF $25 BILLION. 
CURRENT DISPOSABLE NAPPIES REPRESENT A LANDFILL AND ENVIRONMENTAL PROBLEM. They are believed to sometimes take centuries TO BREAK DOWN IN LAND FILL. Even current biodegradable plastic bags, paper and packaging products without bioactives added, may still take centuries to break down. We believe this has inhibited the widespread take up of biodegradable products. With Actinogen eco-friendly bioactives included in products in the future this could change very dramatically.

Yours faithfully
Dr Zeke Pervan
MBBS, FRACGP, FAICD Dip.Clinical Nutrition.
Chairman