1.2 cents, page-14

hirise,

I too would like to see something happening with PNO soon. Any particular reason you expect some talk about the stock in the next week or so?

It would have been helpful for the distribution agreement to be announced this week, as it would guarantee full take up of rights issue, although it does not really matter considering it is underwritten.

Offcourse it is not up to the board when announcements get released, it just would have been better to have been this week

This stock has great potential, and with minimal downside considering the solid support at 1.0 and 1.1 cents. These buy orders i think are real orders since they do not budge even when sellers have been at 1.2 cents. So the buyers on 1.1 are genuine orders it seems.

So at this point in time, rights issue of 1 cents has a 20% profit and offcourse much higher profit dependent on details of upcoming distribution agreement which we are eagerly expecting

Bouzouki