Included in other creditors is the amount of £11,500 owed to Anton Alexandroff and £7,100 owed to Andrey Tikhonov. Included in trade creditors is an amount of £7,619 which is owed to Group Bruzell Ltd which is payment for R&D Tax Credit related work and for general corporate advice, the payments will be made in the following form: the net amount in shares of X-Biocell Limited and this will be executed when convenient but prior to the next major capital increase. The conversion will be done at the price paid at the most recent capital increase which was £6,301.37 per share. The share certificates will be issued in the name of Group Bruzell Ltd or any other limited company as instructed by Group Bruzell Ltd.