key dates

There are a couple of key dates to keep an eye on and note in your diaries:

1) 31st Dec 2012 which is the last date for exercising approx 55.5M options at .05 for total of raising approx $2.77M

2) 30th June 2013 which is the last date for exercising approx 22.5M options at 0.06 for a total of raising approx $1.35M These options are held by SC, MS and PJ

I think that that the Board will be trying to pull out all stops to get the Dec 2012 ops over the line as this will provide the funds without a CR to ensure that EMS gets to the June 2013 finish line well into the money. Assuming that the holders all convert this will then ensure that the funds are available to conclude a trade sale by Dec 2013.

3) With the above in mind it then becomes absolutely critical to get a seat at Bob Carrs table for the Malaria Conference later this year (Oct/Nov). This is key date number 3

I wish I could come up with a key date number 4 but all I think of is tomorrows golf. FORE

Have a good weekend all.

kippax