competition rolls on, page-67

Marool said:
One is that things are bubbling along okay behind the scenes, taking somewhat longer than expected due to the complexity and size of the deals and the players involved. Management have been guaranteed financial support to tide them over if they need it, so they see no necessity to cut back expenditure too much and are confident revenue will flow soon...

I quite like that. We are close and unless someone is insider trading everything else on here is opinion so here is mine. I am disappointed at the rate of progress but encouraged at the irons in the fire. As I have said before I am desperate to see runs on the board so that any further cap required is raised at sensible prices.

As to the board, we have structure and credibility. I am not talking about results but if you worked for say UPS who would you want to do business with? Mark Bouris or Andrew Sigalla? The former would give you confidence to engage, I am not sure the latter with a doughnut hanging out the corner of his mouth and a stack of betting slips in his top pocket would inspire any.

The reality is we will see shortly where things are heading. I don't buy into conspiracy theories so believe it is in everyone's interest to see the share price improve. The board, the shareholders and yep even QVT. I remain optimistic let's see how it plays out.