Ann: Positive Results with Flavocide vs. Grain Storage Pests, page-38

Under the Bio-gene model we are actually extremely high margin.

Licensing our technology to major pesticide companies for an on average 5% of revenues generated. The markets we are targeting are in the many billions.

We will probably get taken out well before our model is up and running anyway.

Looking forward to an update from Purdue University (must be close) about further developments on the azeka virus carrying mosquito where we have the only effective means of eradication without the side effects of killing all the bees. I anticipate the USA government will fast track development and fully fund given its now become a 1st world problem. The USA sprayed Florida with the only known commercially available pesticide and it killed all the bees and other essential insects. As professor Catherine Hill stated on her last visit to Australia " it kills the mosquito dead. There is no flapping around. Just stone dead "

So much news to come.