Ive been in and out of Biota since 2005 my best share ever. Fortunately sold out at $266. Peter Cook getting $900 000 etc royalties slipping costs doubling every year and now income doesnt cover outgoings by far. That says it all. Basically a lousy product and SK knew that in 2000! It just doesnt work.
I must say Im shocked the company needs to raise cash in spite of all the money they say they have - maybe they need it to pay their salaries and retirement over next 5 years?
They certainly know well how to burn cash.
Sooo.. glad Im out and havent checked this site for many months.
Flemster
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