its nearly official, page-15

You are spot on Tex.

This company has no commercially viable product to sell. They have tried, but failed.

People looking at AFT for the first time should be wary...this is not a company on the rise...they are a dog - despite the efforts of management. They raised money recently for the very ambiguous reason of "making the short step for sustained growth"

That is the sort of statement a company makes when they are doing a highly speculative first-time IPO designed to reel in a few punters. It is NOT the sort of statement a company should be using to justify a raising when they have supposedly been making the stepping stone to "sustained growth" for the last 3 years as a listed entity.

Reading through the jargon - AFT have been unable to secure commercial business transactions that generate cash flows; they are running out of working capital; and have leveraged off BTA, Relenza and bird flu to try and spike their share price.

This one is purely for PUNTERS who MIGHT double there money but who might also see 50% of their capital disappear over the next 12 months.

Good luck to the true believers...who knows, you might see this stock run, but it won't be for fundamentals....the product is a dud.

Coop