Ann: Quarterly Activity Report and Appendix 4C, page-34

I agree and I think he is transferring them for tax purposes.

I think the share price will get a little uglier before it starts to look good again. Someone suggested earlier a webinar for an update on their business which I think would be a great idea to give shareholders and potential investors confidence. Especially with new leadership to confirm the business strategy and their marketing plans. In the absence of that I think we will see it hover around the 0.020 to 0.023 level until early September when it will crawl up on the expectation of delivering on their promises. If they don't deliver then we will see a thunderous drop and if they do deliver we will see an orgasmic leap up.

So, for the month of August we can look at it as an opportunity to accumulate or bail.

On another more sobering note, I have seen some posters pointing the evil flinger at others for their supposed over-stated analysis or hyping up the stock. Anyone who invests purely on what others post will learn a tough lesson to do your own work to verify. We all have the opportunity to post counter evidence and unless you can come up with concrete evidence to counter you do not have a license to point the evil finger and in any case it's best done maturely. Wear the consequences of your own decisions rather than blame others. Remember it's risk/reward and big risk/big reward can take you in either direction - reward or loss. If you have incurred losses and you consequently feel like slapping someone then do it in front of a mirror.