Algernon Pharmaceuticals Inc (AGNPF)

[Money $hot]

Good Afternoon JB.

- There are issues with the device - high voltage generates high current and fries the low voltage side, have been trying but can't seem to fix it
- Going slower than hoped
- 4 months behind schedule
- Board tired of waiting
- Board wants to know what we are doing going forward
- No alignment for the last 6 weeks leading up to this conversation
- CEO interested in continuing with current business plan
- Board not aligned with current business plan and interested in doing a change in strategic direction

1. There are/were no more technical issues with Btec's device than there are/were with Cannabix's device. Afterall, their the exact same device.
2. The device is being tested as reported in Form 7 of October 2017.
3. The company continues to remain focused on it's path to commercialization/monetization.
4. The board heavily deliberated in regards to targeting one specific disease for testing. Meaning, one clear path to commercialization/monetization. Versus multiple paths for multiple diseases at one time. A clear path has been established.
5. It's the Boards job to figure out what they/we are doing. It's been figured out. Expect news by the end of the month.
6. ????
7. Guy LaTorre stepped down to pursue other interests as reported in the News Release. Nothing more to add. To Guy's credit, he is responsible for the non-monetary strategic partnership with Zeptometrix that remains ongoing and does not conflict with a focused strategy moving forward.
8. The fundamental mission of the company has not changed. The strategy is more streamlined/focused as explained above.

Good Afternoon JB

Kal Malhi (he's on the board, he should know what is going on, right?)
Mobile: xxx-xxx-xxxx
Office: xxx-xxx-xxxx

Michael Sadhra, CFO
Office: 604-218-6281

For starters, ask why they have not updated their web sites to take Guy LaTorre off as the Chief Executive Officer.

1. To my knowledge, Kal is no longer with Btec.

2. Regarding Guy LaTorre - See #7 above.

Good Afternoon JB

There was more to the conversation but I wanted to leave it factual and leave opinion out.

So since the daggers are out, let me make a prediction and I hope to be wrong for the sake of all longs in this name that are here because they believe in the future potential of a breath diagnostic device.

I would bet that 6 months from now, Breathtec will pivot strategically, drop further work on the breath analysis device, and acquire some other company in a completely different sector and sell a new vision. But this will probably happen as part of a new PP at a deeply discounted price where friends and family will be allowed to participate. This is not investment advice. I'm now just opining on what will happen based on my, as AMG said, "outdated BS post @ Btec". So once again, YOU ARE WELCOME.

You can consider this to be my last post to this board and on this subject.

Name your price JB. I'll take that bet any day of the week. However, I encourage you to please continue posting here JB. After all, we're just one big happy and disfunctional family @ Cannabix & Breathtec. LOL

Thank U & Ur Welcome 2 JB

/////AMG