The Perfect Storm, page-41

Hi Bazyou1 - No sour grapes just trying to see if any holders are willing to share any fundamental reasons for investing in CDY

I follow the whole biotech sector very closely and think it is great if holders are making a return on their investment.

I havent read a lot of posts so it may have been discussed but was just interested if any holders had an idea on revenue/market sizes/ time to market/ regulatory timeframes etc/competition - Regarding Quest and other potential partners?

There is no negativity here by myself

You may be able to answer a question I have about the option issue

From the ASX Announcement 14th September 2012 :

"Sydney, Monday, 14 September 2012, Cellmid Limited (Company) (ASX: CDY) today advises that it is offering shareholders on the share register at 11:00 pm (Sydney time) on 28 September 2012 (Record Date) with an address in Australia or New Zealand (Eligible Shareholders)an opportunity to participate in the non-renounceable pro-rata offer of one Option for every two Shares held on the Record Date at an issue price of 0.2cents(A$0.002)per Option(Offer)"

Here is the Top 20 Holder list from 1st September 2012 :

So the largest shareholder was Cell Signals Inc with 28,500,000 shares at 1st September 2012

I may be missing something but how did Baru Resources Limited end up with 50,000,000 - .002 cent options for an outlay of $100,000 without owning 100,000,000 of the head stock prior to "Entitlement" offer ??

For an issue of 290 million options equivelent to half the current shares on issue the company raised $545k

Can anyone give any info on the above

Thanks