slippping, page-27

Lord,
My experience indicates that it does not matter how much one holds. One needs to befriend a director. If they wanted a good deal, for instance a better price than the 25c, they should have appoached at least the first 50 holders IMO. In such a case, with your holding, you would have made it for sure and I could also get lucky ;-). They should have done it before announcing that they intended to fund development partly by placement and partly by a bank loan. In such a scenario the sp would be free to run or the last 2-3 months.

In case of the other stock I mentioned, I used to own a big chunk of the company (but was not their mate). They even stated in an annoncement that they approached the top 40 (out of memory) holders (me not included?). It is still a great stock, so, after selling a lot, partly due to disappointment and partly due to my loss of trust in management ability to properly raise funds, I have now nearly rebuilt my holding.

Regards,
Dratoz