0.003 here we come, page-6

Still minimal volume at 0.3c but it will become the norm barring a major signing. Not good to rely on hope to boast sp. It was obvious months out. Both from the lack of interest in the stock and the lack of material announcements.

I've been calling it for awhile now.

It's just obvious, even with CW onboard for the full current quarter. The growth just cant come anywhere near to funding the salaries.

It's a catch-22. We want them to market, we want them to invest in research. But we don't want them to spend?

After the relative failure of the last rights issue, and the history of placements to sophs, one can assume the next raising will not be to existing holders. But I think we have about 3months before it happens. So we live in hope that the sp will rise in the meantime.

Also if it is to sophs, it will be short and sweet which is the only way with PNO. Once it goes to shareholders either to participate or to approval, all it does is make the sp fall to the offer price which means revising the offer price or failure. Last time it was revised.

Atleast with sophs, they will already have their shares and in most cases have (short)sold them before the market even realises they have been issued. The free options will continue to be the icing used to entice sophs.