Ann: Appendix 4C - quarterly , page-16

couchtrader

the sale of the ALTOA's was only $2k, an immaterial amount

you can't really say it is a big source of funding the 'miss out on' as the excercise price is 8c and the stock is currently trading at 2c. it is not as if ALT had the funds and then lost them.

the pricing and timing of their options was based on their forecasts last year, prior to them running into that supply issue and subsequent 6 month delay.

If they had a 4c excercise price and June, I would be loading up on them personally. 8c may in some people's mind be a stretch, but not necessarily impossible.

I don't get how the stock doesn't "look to flash for the next 4 months".

They have never been in a better position IMO. The brazilian trials are set to commence this month, and a good chance of securing signed distribution agreement this quarter. If around $3M as WiseOwl predict, care to hear your SP prediction ? They have already placed orders in anticipation.

Not to mention continued negotiations in US with unamed majors and their move into other places like Asia and China.