SClurnge: Good to see you're hanging in there. We are getting...

SClurnge: Good to see you're hanging in there. We are getting dilution for sure, but it's undeniable PYC is growing as a company at the same time.

Look how far we've come in 12mths.

1 April 2010
- Roche stage 1 in progress
- MRC/Hutchison research on going
- CD40L progressing
- other in-house research on hold

1 April 2011
- Roche stage 1 successfully completed
- Roche fondling PYCs other bits to see what whistles
- Already months into AstraZeneca stage 1.
- Signed deal with Pfizer to find possible vaccines.
- Concluded initial stage with MRC/Hutchison
- PYC/Cambridge Uni developing startup company with cutting edge technology.
- CD40L progressing
- IMO in a matter of weeks this list could be out of date.
- did I miss anything

Our stake is diminishing in an expanding company.
ST