Ann: Half Yearly Report and Accounts, page-55

Sorry Mr G, I didn't mean to give the impression that people are getting out "because of Jack".

All I'm saying is that he will need to raise money soon. At a burn rate of $1m per month that may be sooner than we think. If the sp doesn't recover then he will raise money at whatever price (e.g. if we are still at 20 cents then he will raise at 15). He won't care. He's not a shareholder; and he's done it before (at a cost of $1.2m I might add). I'm just guessing that some shareholders are seeing this and getting out now.

I think another reason for the sp slide (and lack of buyers of late) is that people have been hearing the story for a while now and it's getting a bit stale. The only thing that will turn it around are hard core results, I.e. regulatory approval being granted and revenue being generated. Hopefully those will come soon and it will be enough to get some interest back in the stock and reverse the slide.