1000 shares a minute breakout imminent, page-10

Hang in there Fixator. LCT closed the week well above previous resistance at $0.12 and in the US last night it shot up 30%. Lets hope that the previous resistance at $0.12 now turns into a solid support level. I see the next level of resistance at $0.20.

The main thing I've learnt investing in LCT is to be patient. Even though they had every box ticked to get their NZ trials underway it still took the previous Health Minister about 2 years to sign it off. Now with the change of Government over there more delays are to be expected but that's just life dealing with Governemnt. However the current Health Minister was quoted as saying '"It is a very complex issue. We are following a process that was set in place by the previous government, which we agree with'. So the new Minister seems to be all for the trials, it's just the typical red tape that has to be overcome.

In the meantime LCT are still going full steam ahead with trials is Russia and the co. has stated that they are already looking to commercialise the product over there ASAP. All results that are coming from those trials are positive so hang in there...the road will be long and frustrating at times but I'm finally starting to get excited that something is brewing with LCT...

Finally, I had a long chat with the CEO at the last AGM and asked why the trials took so long to complete...i.e why they had to inject patients one month apart instead of doing it all at once and getting the results at once. There are many safety precautions and regulations that LCT must comply with so they're doing absolutely everything by the book and to the letter of the law to ensure that they are not the ones responsible for causing delays in getting this product to the market.

An old friend keeps reminding me...'before feast there must be famine'. I can see that feast getting closer and closer with this stock after a long famine!

Have a safe & Happy Easter all.


SW