two new trademarks issued, page-12

I have absolutely no doubt that management are building a solid foundation and that long term holders will be rewarded. The problem lies in the obvious need for capital raisings which will undoubtedly result in pumps followed by quite rapid and substantial dumps. I fear that over the next couple of years, the business may grow somewhat, management complete numerous so called milestones, but we long term holders continue to get diluted. I hope I'm wrong and perhaps a takeover occurs, but currently, this appears to be the likely outcome.