ann: annual report, page-2

Interesting. It appears to me that they may not be as close to filing for FDA as we hoped. The financial side of the coin isn't all that bad with a massive improvement from 2006 to 2007, my main concern is that they may be needing more money in the upcoming year - and how would they do that - share placement offer?? The company no doubt is heading in the right direction. I think its a good sign that the directors have options that they can EXERCISE AT 25c. Shows that the company believes the future is very bright, or else they would have made them excercisable at 7-8c considering the current standing.

I hold - no question about it.