showing some resilience

CVI has shown some backbone the last few weeks. Alot of pressure and expectation has been placed on the Falcon/ Lisbon meeting.

As much was the same with the Caplin/ PWC report. Expectations where made by a couple impatient few that the report would signal the start of blue sky. The broader market did not see it that way.

The placement at 22c and the debate over the 2 UK investors preceeded that.

CVI has taken alot of hits for a small company punching above it's weight. MS and Co are trying to get the best foothold they can to start the company off with a logical business path and securing critical finance which at the same time stems the tide of further dilution.

It's a shame that some of the commentators/ detractors never have to get in the ring.

Bacchus