agm, page-8

..down 50% now...

I suppose they want to keep their options open to keep the technology alive in the event they run out of funds.

They were optimistic about the oil and gas product, and I guess they don't have much else! But we have three lots of field trials coming back, aussie field trials, conoco phillips evaluation and another by an undisclosed international chemical company, plus a new program with baker petrolite. I suppose if these go well, BOS could get some money off the back of this and see them through to a product launch. They were saying their compounds work very well with the existing biocides, which might be an advantage as they could sell it to these companies to put into an improved formula. Got the same client base all ready, just value-adding to the product.