Ann: $29.6m Equity Placement to Lepu Medical Group of China, page-26

Still absorbing the news, but I feel it is a positive result. Lepu Medicals website is not of the best standard and they did get 13% of the company for a song. However, it gives us a strong balance sheet to get the data Malcolm McColl and 'big pharma' desire and hopefully this new shareholder can add value by connecting us into a larger Chinese market. Ideally I want this technology to save lives and in some respects the sooner the better, hopefully I can make some money out of it too...