trading halt, page-10

Cheers anti,

From where I'm sitting things appear to be coming to fruition for this mob, and with the aggressive push for massive media exposure into, and post launch, there should be a good flow of news coming through, both on market and through various media channels.

I see minimal downside at this level, however my one reservation for throwing anything serious at it, remains La Jolla. I note a .3c cap forms part of the funding agreement which is better than no cap I guess, but still would've prefered to see it 1 or 2 pips higher.

Importantly, I also note healthy Director participation in the recent rights issue:
Blackett $75,000
Meadmore $100,000
Stavropoulos $57,000

A reasonably good sign of confidence coming from 3 directors imo, and good to see Meadmore's holdings also represent 8% of the company