would it be fair to say, page-69

Chookman, in hindsight it was quite logical how Surges predicted the CR. As to not needing the funds, this reminds of VCR (ventracor). When their SP was up around 60+ cents, a fund wanted to take a stake for 60c, they turned it down thinking 60c was too low. Further down the track when they did need the funds (I think it was around the gfc), no one supported the CR and hundreds of millions of investors money was all for nothing. I think they were offering shares at sub 10c. I was one of the unlucky ones still holding. They were that close to FDA approval. They already had CE mark. They were two years ahead of HIN (Heartware) even though HIN had the superior product. My plan was to make money on VCR and then move it across to HIN (previously HTW). HIN isn't doing too badly today ;-)

I think OBJ are just covering themselves. I expected a deal in 2010, then 2011, then 2012, now we are in 2013. These big players move very slowly, and they haven't exactly been throwing money at us to lock in our technology prior to patent approval etc and if they had been, and it was all confidential, then we wouldn't need the CR.