Mak...if you have $100k left in this company at 0.6 cents I...

Mak...if you have $100k left in this company at 0.6 cents I sympathise with you.

lol, talk about missing the point, don't worry I don't, have a small free-carried state in this, that's all the remnants I have left.


All your reasons are valid for lack of success but that doesn't adequately explain the current share price. If you look at the marketcap (the true picture of investor confidence) in January 2011, it was around $10mill. If you look at current marketcap, it's about $8mill. So not much difference in marketcap (confidence), yet the share price is a fraction.

Anyway, side-tracked a little from the original point, that being you think cash doesn't matter. I say it does, and I say there is a big risk right now of another very cheap and dilutionary share placement because the company has NO money left. Personally I'd be waiting for the next placement as, unless they can pull something big out in the next month or so, there's going to be shares issued possibly in the .4-.5c mark very soon, in fact I'd be surprised if they're not organising now. There would have been hope that the 22nd announcement could push the share price up substantially. But it didn't.