Ann: Appendix 2A - Exercise of Options, page-40

It’s hard to say right now as the price is just ripping away.

It wasn’t even very strong volume so I kind wonder if it’s because news is about to drop, or a group have been getting in after seeing some of the recent various video presentations.

I have been kind of expecting the price to stagnate the way NVA’s did in the lead up to the options expiring. Many people will want to know just how much cash will be raised to get a handle on whether a CR might be coming, etc.

So without news dropping this week or next I’d say the thing to watch is whether the SP can close higher than the previous high of 7.5c. This is also the 200 day high now so its kind of important to me.

Obviously a back test is healthy but I’d hate to see it go lower than 5.5c which is previous resistance from June and August, plus about halfway down the big green candle from three days ago.

MACD is a lagging indicator but peeling away nicely. I left Stock and RSI out as they will both be peaking...however they can often stay high for ages if the trend is strong.

The past few days have been strong so many indicators are still catching up such as the EMA’s.

The last time the 20 day EMA crossed above the 50 day EMA back in April the SP stayed above the 20 day for 1.5 months and above the 50 day for almost 2.5 months.

So it would be pretty amazing for us current holders if this is now repeated.