Ann: Change of Director's Interest Notice, page-8

Hi!

The recent announcement said results would not be announced until Q4... because of quantity of patents that had to be lodged, or something like that. My thought was that they would hardly be going to the trouble and expense and time delay of lodging a lot of patents if they had nothing of any value to patent. Apparently Smurf has placed a $61K bet in the same direction (which overshadows the much smaller bet I also placed in the same direction a few days ago). But why do you say his bet means that news is not imminent?

Thanks,
P.