a buyer has appeared, page-4

I think things will start to heat up over the next 12-24 months. Especially if we can avoid a Cap raising... which i think management is trying to do.


Take the last 12 months for example (since the last Annual report), 6 granted or accepted patents have been received from various countries taking the total patent count to 14/32 required. So there have been significant movements in the patent side of things. Seeing as we have had 6 in the last 12 months, and seeing that most applications were filed during 2006, I would say a lot more accepted/granted patents will be coming through should there be no issues.


Also take into account growth of Thermalife and increasing sales. I am happy with the level of growth to date. There is a clear method being undertaken by management to preserve and protect capital by doing a state by state sort of roll out. They have said NSW and QLD will be their next major targets which should send sales alot higher, on the basis of the other state reactions to Thermalife.

Im assuming a state by state roll out may be an attempt by management to avoid further dilution? time will tell.

I see a short term target of a market cap around 10mil... making the SP 0.6-0.7 cents.