Ann: Exergen Progresses Large Scale Demonstration, page-12

re: Ann: Exergen Progresses Large Scale Demon... All positive with this ann.

Still the cash situation needs to be addressed in the next few months. Will the next ann somehow include upfront payment from the potential JV\Phsip if not then more cap raising will be needed? The waiting game is still on. The next month or two will be crucial as no JV then more cap raising at very low price to stay afloat as we have no projects and no cash flow :(