Ann: Chairman's Address to Shareholders, page-60

that is sort of how I see it now too mangy. I was hoping for much more income from the cellive sales but that looks to be a very very slow burn. zeiss are in less of a hurry than I thought and the end there does not seem to be in sight, at least according to what we heard at the agm it is not in the near future.

it very much looks like they will need to raise money to survive. I am a little embarrassed about how optimistic I was a couple of months ago. I genuinely thought that zeiss were keen to finish it off and get it on the shelves asap, but they really do not seem to be in any hurry. perhaps they truly are waiting for oil to go broke. that seems a bit like a far fetched theory to me, but then perhaps that is what they are doing. hard to have much confidence after the chairman's address.